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Technology Stocks : Orckit (ORCT)
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To: peter grossman who wrote (1473)9/8/1998 1:27:00 PM
From: D.J.Smyth  Read Replies (2) of 1998
 
the original estimate by GTE (per savo) was for 300,000 lines over two years which would translate into $70 to $80 million for Orckit. so at 35K lines, it would be about $8 to $9 million using current exchange rates and a similar ratio

Message 4119692

expected intial revenue increase from the contract: 10%

one has to assume that given europe's push toward ADSL and european's sophistication in general re their tf systems, that DT could match GTE's 300K lines over two years. the intial deployment of 35K will look conservative to the final deployment i would assume. in several ways old Europe's tf companies are more on the ball than at&t and gte
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