Orckit (ORCT) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Orckit (ORCT)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: savolainen who wrote (1824)	6/18/1999 7:22:00 PM
From: Daniel Ralls	Read Replies (1) of 1998

Seimens and Josepthal Analyst comments: Siemens could be a potential stake holder for the following reasons: Deutche Bank approached ORCT... DB could have been working w/ Siemens instead of DT. Siemens/ORCT have alliance w/ VDSL. Siemens/Fujitsu have a couple of alliances as well. (European PC just announced) Siemens/ORCT would have 75% of DT deployment if they combined. Alcatel has lept ahead of Siemens in regards to internet related products. Siemens needs to catch up or they will miss out on large network upgrades. Teaming w/ ORCT would put them on par (or above ALA w/ VDSL) in regards to internet access products. All this is just speculation on my part, but I believe that if anyone were to buy out ORCT it would be Siemens. Josepthal analyst issued a note today: said he talked to ORCT mgmt yesterday. secondary will strengthen ORCT's balance sheet (has about $80-85 million in cash). Didn't mention any specific uses for the cash though. ORCT has shipped 70,000 lines to GTE, expects to ship 200,000 by end of the year. All equipment shipped has been DSLAMs, no CPE yet. GTE wants to "seed" the area before they start advertising/promotion. GTE currently has 20,000 adsl customers. Analyst expects ORCT to ship more than 35,000 lines to DT this yr. HDSL revenues could be higher than expected. Expects new tenders could be won/announced in 6-12 months (I believe he said this 6 months ago as well) Reiterated buy and $35 target price. ------ Read that 3Com, Copper Mtn and Efficient Networks are customers for the new HDSL-2 chip w/ CNXT. If true then I guess ORCT has an indirect piece of the MCI/Worldcom SDSL deployment. VDSL is starting to get more press. Broadcom, ORCT and NextLevel are only companies w/ working products.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next