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Technology Stocks : Orckit (ORCT)
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To: Kevin Thompson who wrote (1188)5/19/1998 10:28:00 AM
From: John F. Dowd  Read Replies (2) of 1998
 
Dear Kevin:

Have you gotten any indication when the deal is coming i.e. what date. I called Smith Barney and they said they didn't know when but my guy doesn't know much ever even though he is a branch manager. I also asked if there was much interest and he didn't know the answer to that. So I put in what they call an expression of interest for stock and will have to keep checking to see whether the deal is tight or not. I would recommend that others on this thread do the same.
If you get allocated (prorated) then that is good news if there is a lot of stock around that is bad news. I think given the action of the stock of late that this has been leaking out slowly.

JFD
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