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Technology Stocks : ORTEL -- Ignore unavailable to you. Want to Upgrade?

To: James Fulop who wrote (444)	10/13/1999 8:50:00 AM
From: t2	Read Replies (1) \| Respond to of 659

OK, I am posting after buying some shares. Can anyone speculate whether this is a good takeover target for the bigger players. That is one reason i bought. I asked myself----why would a company preannounce good earnings when it still reports a number close to breakeven? Answer was simple---inflate the stock price so that it could get a better price for the company if there are potential acquirers. Of course, they would still ask for a premium over the market price. Might as well have a higher price to begin such talks. Anyone have input? There could be another reason for preannouncing---the number could still be 2 to 4 cents above the preannounced expectations. Gets more media attention as well.