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Technology Stocks : Orckit (ORCT)

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To: John F. Dowd who wrote (1080)4/3/1998 6:42:00 PM
From: David Israel-Rosen  Read Replies (1) of 1998
 
Wake up Mr. Dowd:

1) the deal was with GTE (and AOL) - Do you suggest that there is a conspiracy here and that AOL was releasing the DSL story in order to prompt the stock price ? Or was it the CIA ???

2) the company put the news out because they are not allowed to wait based on Israeli LAW.

3) the downgrade by Josephtal was by a guy who participated in the news conference and was told that the company stands by its 1998 earning projections.

How does this guy explains the reason for the downgrade ? Beats me

Last but not least is who sold the stock today. MOM and POP did, NOT A SINGLE INSTITUTION SELL TODAY !!!

quote.yahoo.com

Look at the chart (it expires in 24 hours it will show you that only the little guy sold out !!! Also there wasn't a single sell order out of Israel's second largest bank's customers.

Now, do you think the analysts looks like a fool ? You bet !!!

Do you know something here that they do not know in Israel ?
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