Orckit (ORCT) Message Board

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Technology Stocks : Orckit (ORCT)

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To: savolainen who wrote (1469)	9/8/1998 5:26:00 PM
From: SoMo	Read Replies (1) of 1998

[milestones/DT contract] Hi savo. So this is it. Orckit got a minimum of half the contract. Unfortunately, as we expected the stock got a small lift at the open and then went back a bit...and I believe it should lose some few more dollars until we get some real hints on cost reduction developments. I was told today the new ADSL chip is now on track for 03/99. I think you're right by thinking Orckit selection by DT is a positive signal regarding that matter. I'll try to get some more info from the conf'. My thoughts on this crazy day: Orckit is the real DSL leader. I'm no more long from this morning. But I will definitely come back and buy on lows...maybe in the very short term depending on market conditions as well. till later. SoMo.

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