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Technology Stocks : Orckit (ORCT)

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To: Bob Kim who wrote (1859)7/19/1999 8:51:00 PM
From: Daniel Ralls  Read Replies (1) of 1998
 
According to this Westell is partnered w/ Fujitsu for BT:

dslprime.com

British Telecom begins big rollout
They plan to wire 400 exchanges serving 6,000,000 homes and offices by next
spring, using equipment to be supplied by Alcatel and Fujitsu/Orckit. Gavin
Young of BT
is Chairman of the Technical Committee of the ADSL Forum, and
much of the development work on ADSL was done at BT.
We'll have more
details in a few days.

Errata Westell, not Orckit, is the source of equipment for the Fujitsu part of
British Telecom's DSL rollout. Thanks to Gavin Young for pointing out our
mistake.

Deals Westell recently signed an OEM agreement with Fujitsu, presumably in
anticipation of Fujitsu's winning the BT contract (which they shared with Alcatel).
Westell also announced agreements with the three key VoDSL vendors,
CopperCom, Tollbridge, and Jetstream ••• Orckit has a large opportunity in
Germany with DT, and continues to supply Fujitsu in the US for GTE. Nigel Cole
of Orckit told us they are near the top in market share, behind Alcatel but
comparable to anyone else •••

------

Since Gavin Young works at BT, I would consider him a reliable source but why wouldn't Westell announce this?? are they waiting for earnings? Could ORCT still supply the chips or receive royalties from sales of the KeyWave?
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