Orckit (ORCT) Message Board

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Technology Stocks : Orckit (ORCT)

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To: SoMo who wrote (1400)	8/5/1998 10:55:00 AM
From: pat mudge	Read Replies (1) of 1998

do you think any contract news can help the stock given the actual cost structure and given that the market doesn't reward the co' for its big steps with GTE ? isn't the licensing problem underestimated (or actually is it the reason the stock is so low)? If you go back to the April 13 time-frame when the GTE announcement came out, ORCTF actually gained around 7 pts in a matter of days. The licensing isn't necessarily a problem. Orckit and TXN have to agree on terms and that takes time. I doubt it has any affect on the stock. I would guess the forward pricing issue is keeping it low. Since I haven't held until now, I don't know how it trades on a daily basis. However, I don't see a lot of downside from here, barring events in the market unrelated to the company. Pat

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