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

To: Dan Spillane who wrote (2040)2/10/1999 2:17:00 PM
From: Brian Coakley  Read Replies (1) | Respond to of 2394
 
Hello, Can anyone out there tell me a little about ORBCOMM, of which ORB has a %50 stake. There have been recent rumblings of an IPO (revived), but from their 10-k they have huge debt, little in revenues, and 26 satellites floating around doing nothing that I can see.

Don't mean to be negative, just can't see what their story will be and would appreciate enlightenment.

Thanks in advance, Brian



To: Dan Spillane who wrote (2040)2/10/1999 2:20:00 PM
From: Clean  Read Replies (2) | Respond to of 2394
 
I can tell you the money i've been losing the last week or so is pretty real. but orb does this sometimes. I think it will turn around once the market malaise goes away. I bought more the last huge bounce last year for ~27. Thinking about it again as well.

Regards.


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