ORTEL Message Board - Msg: 464550

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Technology Stocks : ORTEL

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To: Narasimha Reddy Kamma who wrote (198)	11/19/1996 6:37:00 PM
From: Steven Sage	Read Replies (1) of 659

I have been shocked by the hard drop Ortel is taking here yesterday and today. I fully expected that it would drop off of the support of 20 1/2 that it had been stuck at for a while. Ortel always goes down big before it goes up. I figured 17 1/2 was a good support point, but wow, 16 1/4; that is really shocking. Could have bought this one at 16 1/2 in the last half hour. Ortel usually goes up near the close after being down all day. This time it fooled me. I got in at 17 1/2 today and thought I had a great seat until I saw the closing price. How low is this guy going to go; 14?

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