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Technology Stocks : Orckit (ORCT)

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To: Scrapps who wrote (1628)	12/3/1998 5:21:00 PM
From: Daniel Ralls	Read Replies (1) of 1998

Good article from the AWRE thread: Interesting tidbit on ORCTF. cedmagazine.com "Orckit, which supplies core silicon as well as complete ADSL system components, is in negotiations with a number of potential OEM (original equipment manufacturer) customers in preparations for introducing modems into the retail distribution chain "in the next few months," says Bill Dorsey, strategic marketing manager for Orckit. These manufacturers will have to test their devices for interoperability with Orckit's and other vendors' G.Lite CO gear before the software implementation is undertaken, but the existence of the modems at the retail level is sure to put pressure on the cable industry to secure a retail presence for its modems." What happened today w/ the stock price? ORCTF was supposed to present at the CIBC Oppenheimer Israeli Conf...maybe people didn't like what they heard, or the PAIR announcement leaked early?? Even AWRE was down today w/ the 3COM/Dell ADSL modem deal w/ SBC Comm. so maybe it was just the market. Any thoughts?

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