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Technology Stocks : ORTEL

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To: Brian K. Winchell who wrote (582)11/27/1999 5:58:00 AM
From: MAX404   of 659
 
From the report (thanks!) on the CC:

Q: Ownership in Tellium? Participating in follow-on financing?
A: Current is 18%. They're currently involved in another round. We havne't talked to them. We can't discuss details.

1) Is ORTL going to be diluted out of this holding?
2) True that ORTL has 18% (or what, see question 1) of Tellium, but what % of ORTL "value" does that represent. Anyone want to take a stab at that?

Thanks to all.

MAX
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