Orckit (ORCT) Message Board

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Technology Stocks : Orckit (ORCT)

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To: John F. Dowd who wrote (1248)	6/9/1998 10:08:00 PM
From: Matt Webster	Read Replies (1) of 1998

When is the Orckit secondary offering supposed to occur? It didn't say much of anything in the press release. Shall I assume that the unleashing of 3 million shares of ORCTF onto this thinly traded stock will send the price through the floor for a few weeks? I love ORCTF's fundamentals, but I think supply/demand of shares will drive the price lower as soon as the secondary begins. Opinions? Matt

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