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


To: dwight martin who wrote (1551)4/25/1998 10:20:00 PM
From: RocketMan  Respond to of 2394
 
Thanks for your assessment, Dwight. I can't disagree with anything you've stated, although as you said it may or may not happen. My biggest concern near term is the dilution, followed by the Orbcomm IPO that may shift some money from ORBI, sort of robbing Peter to pay Paul. The P/E is a concern, but this is a problem throughout the tech industries, so I suppose either we all live with it or we all fall. Oh well, this is a long term stock, so we will just have to ride out whatever happens.

On a related topic, have you or anyone else taken a look at TGO, ORBI's partner? Its P/E is much lower, around 32, and it seems like a solid company. Yet it does not seem to be followed much, even though it is on the big board. Took a nibble the other day, to complement my ORBI holding.



To: dwight martin who wrote (1551)4/27/1998 2:35:00 PM
From: Angelo J Cici  Read Replies (1) | Respond to of 2394
 
As much as I like ORBI, I sold half my position in the morning to

buy into LOR because it is holding up much better and has better
PR than Orbital does. LOR has only been down a half all damn day
and holding strong! ORBI is slipping by the minute.

I was watching LARGE blocks go by with over 15,000 share lots
selling at $43 3/8... AMAZING!!!

This is scarry!!! I never thought I would feel this way, but
it broke it's uptrend. Now we will be LUCKY to be back at $50
by the next earnings release three months from now...