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


To: Judy Muldawer who wrote (1818)6/25/1998 11:33:00 AM
From: dwight martin  Read Replies (2) | Respond to of 2394
 
I sent the following EMail to Beneski @ Orbital IR a week ago, and got a good delivery notification. If they respond, I will post.

I have been reading that ORBCOMM sats currently in orbit are generating less power than planned, and that 2 of them have suffered another form of failure which I cannot recall.

My questions are (1) have the sats to be launched next month been modified to take care of the power problem and the other anomaly, and (2) is the additional plane of 12 sats you recently sought authorization for necessary because of problems with the sat design, because of projected increased demand, or both?

Thank you.




To: Judy Muldawer who wrote (1818)6/25/1998 9:18:00 PM
From: Lemur  Read Replies (1) | Respond to of 2394
 
I fully agree with Judy...ORBI sans ORBC will post better profits since the ORBCOMM losses will no longer be on ORBI's income statement. Also, some of the IPO money raised by ORBC goes to ORBI & will help with all those backlog projects. ORBI will remain the preeminent satellite manufacturer and delivery service - ORBC can fight it out in it's new industry (messaging).

If you believe that ORBC has an excellent management team and is well positioned in its industry, then they could possibly be a good investment on their own. I prefer ORBI, which I know has good management and is well positioned in its industry. I like ORBI even better with ORBC spun off.

Does anyone know about the physical facilities of ORBI/TGO/ORBC? Does the new ORBC entity need to find a home? Or will the benefit from the facilities expansion that ORBI recently announced? Just how "stand-alone" is ORBC going to be in the near future?