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

To: Mohan Marette who wrote (1847)	7/7/1998 10:13:00 AM
From: Mike Nelson	Read Replies (2) \| Respond to of 2394

ORBI is falling again today. Somebody mentioned about P/E's. I think ORBI should have a p/E around 20-25. Based on the PE its over valued in the short term, but a great stock for the long term. The Orbcomm stuff is really bad news. I think the bad satellites and the lack of announcements regarding that is bad. Even if Orbcomm is viable, the payoff time period is long. I would doubt if any one would invest in Orbcomm products in the short term. I think one would wait for atleast the next 2 launches and see how the satellites work before doing anything much