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


To: Zeem who wrote (1711)5/13/1998 6:15:00 PM
From: Richaaard  Read Replies (2) | Respond to of 2394
 
Although Dell has been great up to now, I would short it.

Richard



To: Zeem who wrote (1711)5/13/1998 10:57:00 PM
From: Dave Riches  Read Replies (1) | Respond to of 2394
 
OK Folks:
As one who probably has the longest position on this thread(down over 100K on paper the last week or so), and with some space knowledge, let me say this about that. The Leonid shower is probably way more of a plus than a minus. There are a whole lot of other machines up there that have a lot more to worry about (read Rocketmans numbers).
In the biz Orbicomm satelites are called cheapsats. And although they wouldn't want to, they could replace any damaged or inactive ones for ~$1.98(relatively speaking). Which other program can even touch this kind of capability. The launch cost of replacing up to (8) 30% of their whole constellation is only about $12 mil. And by now Orbi must be able to stamp Orbicomms out with a cookie cutter with concommitant cost savings. Think of what it would cost to replace one or more of the 66 IRDF birds. At least for the near term this is the place to be if you want LEO or Meo space biz.
As for the price drop, when the big funds buy at some point they will want to sell and this is not a 'big float' stock. The numbers have only shown a couple of big volume down days and remember some of the institutions have over a million shares to move. However it looks like Angelo made a good guess (although unannounced until 43)and I am sure he will be back. In the mean time his rhetoric is somewhat transparent and self serving (does this sound like sour grapes?).
Dave Riches
Quantum Mechanic