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Technology Stocks : Orckit (ORCT)

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To: savolainen who wrote (825)	12/26/1997 12:17:00 PM
From: D.J.Smyth	Read Replies (1) of 1998

Savolainen: what impact might new Nortel invention of sending high speed communications data over existing electric wire infrastructure have on Orckit? It would appear minimal to me since Orckit's relationship with Siemens, Dutche Telecome, and other extensive ISDN providers in Europe would account for much of Orckit's revenue next year (expected to be about $49 plus million according to Alex Brown). This upcoming quarter will actually see the benefit of a one time revenue enhancement from the pushout experienced last quarter and delivered this quarter. Alex Brown, i believe, underestimated the remining revenue production for the fourth quarter which didn't include the one time add-on from last quarter. Your comments, thanks.

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