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Technology Stocks : Orckit (ORCT)
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To: BEACHCOMBER who wrote (1068)4/3/1998 1:50:00 AM
From: Vladimir Zelener   of 1998
 
Beachcomber,

<<do u own any shares of ORCTF?
are u short any shares of ORCTF?>>

I do not short any xDSL company, though I sometimes write covered calls. I am not a long term investor in ORCTF or AWRE or WSTL or PAIR or ADTN or ALA and so on. I bought WSTL shares at $13 in 1997, when it was rising from a drop to $9 and sold sevral weeks later at $19. I also bought and sold ORCTF, PAIR, AMTX and AWRE on several ocasions. As a matter of fact I bought ORCTF today at $20 and sold at $21, first because I felt that the news might of created irrational exuberance second because the price slided from $21.75 to $21 and third because I did the buying on margins.
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