There’s a little discussion over at the Motley Fool web site about Blue Origin and Jeff Bezos (registration required). I thought that this little bit raised more questions than it answered:

…entrepreneurs such as Bezos, Branson, and Microsoft (Nasdaq: MSFT) co-founder Paul Allen — who funded the winning SpaceShipOne in the X-Prize competition — appear ready to provide the capital. That’s good news for dozens of companies, from Lockheed Martin (NYSE: LMT) and Ball Aerospace (NYSE: BLL) to Orbital Sciences (NYSE: ORB) and SpaceDev. They’re all likely to have a hand in our latest quest for the heavens.

Well, as the old test question goes, one of these things is not like the other three. Why Lockmart, Ball and Orbital? Why not Boeing? Or Northrop-Grumman?

How does the success of low-cost entrants benefit the stock of people operating at high costs, under the old paradigms? Maybe it does, but they certainly don’t explain it. Simply saying that “they’re all likely to have a hand” hardly makes for a useful (or credible) explanation. This kind of thing makes me question the wisdom of any of their other stock advice.

[Via Clark Lindsey]