ORTEL Message Board - Msg: 11759491

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Technology Stocks : ORTEL

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To: Douglas V. Fant who wrote (498)	10/30/1999 10:59:00 PM
From: Madharry	Read Replies (1) of 659

Any chance you could post excerpts on the thread? I am shocked ORTL did not do better on Friday. Tellium is clearly moving forward to file for an IPO with the hire of their new CFO. Once Tellium IPOs people will be muttering to themselves that they did not own ORTL at these prices. My suggestion to you is to average down on ORTL if you don;t want to take a full position now. SCMR has held up much better than I imagined it would which makes Tellium even more valuable than I imagined. I see ORTL as an easy triple from these levels in 1-2 years based on the SCMR valuation, and probably more than that. I am sure that tellium probably has a different investment banker banging on their door every day offering to make each employee an instant millionaire. If I were in their management team I would be IPOing ASAP and it looks like that is the direction they are going in hence the particular CFO hire. Needless to say I am very long ORTEL and added to my position on Friday.

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