SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Orckit (ORCT)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bennett Zimmerman who wrote (1076)4/3/1998 1:23:00 PM
From: IngotWeTrust  Read Replies (1) of 1998
 
Au contraire, Bzzy. Not only is it "conscienable" but wise, and maybe the order of events as they unfolded, thereby fulfilling the letter of the law re: timely reporting of material events.

I submit the following 4 Ur consideration in support of above premise:
Mucho legal negotiating between the "unmentioned company" and ORCTF's legal beagles may have not been resolved until after Q1 warning was issued.
If so, and I 'spect it is,
then the timeline most likely was
1) The warning first,
2) Share price tanks
3) Principals go, hat in hand BEGGING the unnamed customer
4) to allow them to release something b/c the shareholders are getting shafted,
5) the legal department of unnamed co gets back to them
6) and says "OK, but don't mention us by name."

Happens alllllllllll the time when guppy firms swallow whale sized contract(s).
eSPECially if said co=IBM ( <-- SOP re: IBM related Press Releases!)

All for now, grasshopper =|0}
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News