Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: SMALL FRY who wrote (71978)	11/17/1999 11:06:00 AM
From: Teri Garner	of 120523

Fiber optic play: ORTL. Co. pre-announced they will BEAT earnings. Will report next week... Recent LA Times article on ORTL: latimes.com "There is a lot of interest in this space," said Dave Kang, an analyst who follows fiber-optic equipment companies for Cruttenden Roth Inc. "Some people think Ortel is next [to be bought], and then there is the Tellium factor." Ortel owns 18% of Tellium, a New Jersey firm spun off from the former Bellcore, the research unit once run by phone companies. Analysts say that stake looks valuable now that Cisco Systems and others are buying up small optical firms, and as the shares of a Tellium competitor, Sycamore Networks, have zoomed to $233.75--and a market value of $18 billion--just weeks after their initial public offering at $38 a share.

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