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Technology Stocks : ORFR-ORBIT/FR
ORFR 3.5000.0%Apr 10 5:00 PM EST

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To: mark j. marvier who wrote (66)9/7/1997 3:56:00 AM
From: Gerard   of 475
 
Mark & louis,

Could the down grading of ORFR to a "buy" by Unterberg have anything to do with their connection with GCOM? The following is from the news brief of GCOM's IPO.(from Yahoo)

>> The
offering is being made through an underwriting group managed by
PaineWebber Incorporated and Unterberg Harris.<<

That news brief was from Aug. 8th
Now on September 2nd they started the coverage of GCOM with a "buy" rating.

>>NEW YORK, Sept 2 (Reuter) - PaineWebber said on Tuesday it started
coverage on the shares of Globecomm Systems Inc with a buy rating.<<

Then on Sept 5th Unterberg down grades ORFR.

Could there be a conection or is this completely unrelated?

Regards

Gerard
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