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Technology Stocks : ORTEL

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To: Madharry who wrote (455)10/19/1999 11:36:00 AM
From: t2  Read Replies (1) of 659
 
Armin and James, It seems that acquistion possibility along with strong growth make this stock a good one to own. I also own call options on it---bought when it hit 22 1/2. I was trying to make up for not getting in at 15-----my catch is now complete. So little volume on the options makes it hard (maybe impossible)to buy at any price other than market.

The more acquisition in the industry that are announced, the higher this one should go before earnings. I am looking for $40 before i start reducing my position (i will settle for a little less<g>).

Good Luck.
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