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Technology Stocks : Orckit (ORCT)
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To: D.J.Smyth who wrote (1500)10/1/1998 2:20:00 AM
From: dogness  Read Replies (1) of 1998
 
(Support @ 13 ?)

Now that we are testing support at 13 it is painfully obvious that global bear market has more of an effect on this stock then the potentially good fundamentals. I personally think that the market may also be telling us that xdsl profits may take much longer to come than (I) originally expected. Hence I don't see 13 stopping this drop in price, unfortunately.
I now have only 6% of the stock I once held just a few months ago. I've taken a hit on most of the other shares.

Why am I writing this? Not sure. Except I just wanted to balance some of the optimism on the thread by pointing out the obvious trend. Either that, or I'm panicking. If I am, then maybe the bottom is close. Only time will tell. Good luck to all.

Dog
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