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


To: Lester e. who wrote (2112)3/17/1999 2:42:00 PM
From: jeff lipschutz  Read Replies (1) | Respond to of 2394
 
in the usa people can sue for any reason, in the case of ORB, some one is pissed off they lost $$$, so they sue! misstated earnings?
cut me a break, and yes the attorney's are doing their job(whether we agree or not)
i have been in this puppy since they were blowing up rockets in 1995,
watched them go to $50- 2 times and back down...so ITS THE WAY STOCKS TRADE!!!!
HAPPY HUNTING



To: Lester e. who wrote (2112)3/17/1999 7:20:00 PM
From: Richaaard  Read Replies (1) | Respond to of 2394
 
Law suits are seldom in the best interests of shareholders. The thing that I have a problem with is whether I would have purchased this stock at the time, and for how much. I may have still bought the stock, but the price probably would have been less. Another disturbing thing is how the stock price got run down before we were delivered the news. It looks obvious to me that people "in the know" had the opportunity to sell before the news hit the rest of us. Management may have erred on the accounting part, but the news leaks to the people "in the know" is difficult for me to overlook.

Richard