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Technology Stocks : Orckit (ORCT)

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To: pat mudge who wrote (1401)8/5/1998 5:23:00 PM
From: SoMo  Read Replies (1) of 1998
 
Hi Pat. I definetely agree the actual reason the stock is low is the forward pricing problem. Yet you should remember the stock barely reacted to the Telia contract and the $20 million HDSL contract as well. I'm afraid that up to the point the co' achieves cost reduction (mostly from Q1/99 with the new chipset), more contracts won't be fairly valued by the market.

SoMo.
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