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Technology Stocks : Orckit (ORCT)
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To: savolainen who wrote (1465)9/5/1998 2:59:00 AM
From: shlomi cohen   of 1998
 
Thanks s.,

Orckit is presenting at H&Q Israeli technology conference this week on 9-10 Sep. I am going to ask about it and more. I once told you they are using Telrad (20% Nortel) production lines but I'll check again. I hope DT will be out before the conference.
Speaking about eps of Israeli stocks we have to expect better results Q3 from companies with large cash positions and no debt, like orctf, cmvt, ecilf,chkpf and more, due to the deep devaluation that we had in the Israeli Shekel this Q. Expenses in shekels are less in dollars now. (r&d g&a and more).

Regards,

Shlomi.
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