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


To: Bob Zeleznik who wrote (2029)2/3/1999 9:40:00 PM
From: Norm  Respond to of 2394
 
ORB has beaten earnings regularly, quarter over quarter. i am looking forward to the Orbcomm spin off shares.

A minimum of 30 times 99 earnings of 1.45, with a high of 50 times 1.45 during hyper stimulation with ORBCOMM IPO

I wish they hadn't had this result, but to sell now is pointless. The party has only just started, potential for a nice surprise still keeping me interested for the long run.



To: Bob Zeleznik who wrote (2029)2/3/1999 11:25:00 PM
From: Dan Spillane  Read Replies (2) | Respond to of 2394
 
Do we actually think there will be a downdraft in stock price? Based on what they said, one of the contracts is now larger; further, that will come in the next fiscal year...meaning estimates will go up.

I'm not sure why they are spinning this as an earnings shortfall; kind of strange.

Nevertheless, there are a lot of dumb cows in this market so maybe the stock price will drop...how may people value stocks on the backward and not the forward picture?