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

To: Mike Nelson who wrote (1848)	7/7/1998 11:17:00 AM
From: dwight martin	Read Replies (1) \| Respond to of 2394

I was out at 41 3/8 on the way to 50. Because ORBCOMM is not the whole story here, I will look at it again near 30. BTW, they say that 'cos they haven't cancelled the IPO, only postponed it, they still cannot answer my EMail questions about possible sat redesign and about the real reason for the extra plane of sats.

To: Mike Nelson who wrote (1848)	7/7/1998 7:44:00 PM
From: Dr. Ezzat G. Bakhoum	Read Replies (2) \| Respond to of 2394

I've read the IPO prospectus of ORBCOMM (more than twice), and I understand that the problem is within TWO satellites only (the two which were launched in 1995). The rest of the satellites are working fine. Since these are little LEO satellites, the cost of replacing the two defective ones will be quite minimal. As you know, Wall Street -if they hear bad news- always sell first and then ask questions later. I'm long ORBI and waiting for superior growth. regards..