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

To: Gerald Walls who wrote (1837)	7/1/1998 7:31:00 PM
From: enginer	Respond to of 2394

Isn't this $500E6 contract the one we gave up the Ellipso $350E6 contract to take on? Ellipso had been dragging their feet?? In that case, the double whammy of "losing" the big satelite communications contract and weak birds after launch may be about to be erased in the institution-holders' minds...

To: Gerald Walls who wrote (1837)	7/1/1998 10:02:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 2394

Gerald: you do have a point,thanks for pointing it out. The letter of intent was signed with CCI Intl [Constellation aka ECCO] in May and it looks like they have just now entered into a contractual 'agreement' making it more 'official'. So I don't know how much value the street will put on 'finalising the agreement' Vs the 'letter of intent',we will find out tomorrow i suppose.

To: Gerald Walls who wrote (1837)	7/3/1998 9:25:00 AM
From: Mohan Marette	Read Replies (2) \| Respond to of 2394

'The delay is good move for Orbcomm' says Paul Nisbet JSA Research. Here is an article from The Wahsington Post on Orbcomm IPO delay. Excerpts. The decision to delay the IPO will not affect those launches, Cover said. In a statement yesterday, the partners reaffirmed plans to support the venture. "We have some launches coming up this month and later this summer," she said "By the end of the summer, we will have 28 [satellites] up. The additional eight were always planned for 1999 anyway." Analyst Paul H. Nisbet of JSA Research Inc. in Newport, R.I., said the delay was a good move for Orbcomm. "It is just not a very favorable market for these telecom stocks. . . . They are all languishing from where they were," he said. "There is no reason to give away a good portion of the company for below-value price." washingtonpost.com