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Technology Stocks : Orckit (ORCT)
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To: D.J.Smyth who wrote (1509)10/15/1998 9:07:00 PM
From: John F. Dowd  Read Replies (1) of 1998
 
Darrell: Their losses increased at a much greater rate. Have they found the clue to making money on this forward pricing scheme. Although they made a gross profit from ops they can only seem to muster razor thin margins that result in a burn rate of about 4.5 mill per qrtr. or 3 qrts worth of their current cash position. Does anyone have a clue as to when they hope to demonstrate margins expected of a chip company?
Was there anything positive going forward that touched on the matter of turning a profit?

TIA

JFD
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