Chris Fernandez

GeoEye: It's Make or Break Time

Shareanalyst: I assume you are referring to the Yahoo finance page?

Basically because of the debt covenants that GeoEye has and the notes outstanding, it makes it look like institutions own more than 100% of the shares outstanding. This also has to do with reporting periods, and the fact that certain institutions report after others, so sometimes this time overlaps and skews the real number.

Unmot: Indeed there was a launch delay for about 2 weeks...I'll be writing all about this and tomorrow's conference call as well.

I like your optimistic targets, but to be honest, i don't see that happening.

With the amount of depreciation expenses that GeoEye will face, their net margins and operating income will be affected, however their cash flow statements should show much improvement.

I would be weary of any valuation above $30 per share, and that's what I'll be looking at as well.

It's all about the launch at this point, and we are once again delayed.

Chris