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Technology Stocks : Orckit (ORCT)

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To: savolainen who wrote (1774)	4/15/1999 1:30:00 PM
From: dogness	Read Replies (3) of 1998

(Premature celebration?) It appears you were right in taking off some of your stock at the 35 level. I had to dump more than 2/3 of my new positions on the open this morning. Yesterday's action in the majority of tech and internet stocks scared me out. Still think this move could be for real, but with the entire market pulling off (the dow will follow the rest of the techs soon, I believe), I doubt if we will have a sustained move in Orctf until things change. How well Orctf responds to this sell-off will be a good clue to its strength, I'm thinking. Oh well, I'm content to sit on what I have for a while. Orctf is in the right spot, it may just take longer than I expect to see the gains I believe will come eventually. Dog

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