Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: jgibbs who wrote (1813)	6/24/1998 1:59:00 PM
From: Lemur	Respond to of 2394

>>Great news. Fifty million seems reasonable for the scope of all that building. Where's the 50 million coming from, not that it matters.<< It's coming from cash raised through the secondary offering. That pile of cash also facilitated our improved credit rating, to BB from BB- (S&P rating). This improvement also contributed to yesterday's movement, which would seem to be in effect today as well. A little more of this & we'll have broken the downtrend, at least. I was hoping we wouldn't have sunk out of sight before the next launch & earnings report turned us around. I'm still hoping.