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Technology Stocks : Orbital science (ORB) -- Ignore unavailable to you. Want to Upgrade?

To: RocketMan who wrote (1544)	4/25/1998 12:29:00 PM
From: dwight martin	Read Replies (2) \| Respond to of 2394

I think we are headed for 42-45, but not like that Ahhh.... why? PE ratio has gone higher in '98 (consensus for FY98 ending 12-98 is .94 per share- that's a forward-biased PE of 50); profit-taking; ORBIMAGE and ORBCOMM profitability dates slipping, imminent shift of focus to I* and G*, complications caused by ORBCOMM IPO, etc. I agree that ORBI is a great stock, and there are some reasonable estimates from the pros calling for a near-double in less than two years. I just think that for the above reasons, even without a slide in the sector or in the overall market, it's going to 42-45 before it goes to 52-55. But I've been wrong before on this stock on this thread, so TIFWIW.