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

To: t2 who wrote (503)	11/4/1999 12:32:00 PM
From: Madharry	Respond to of 659

Don't know but it sure made my morning for awhile. I'm more surprised it headed down than it hit $49. Not surprised that people are taking profits. A lot of people will sell half after they double and sit with the rest. I sill believe that the stock and the industry are headed much higher. so I thought about selling for about 5 seconds and then went to a meeting. Not willing to take a chance and time this one. Also have smaller positions in CIEN and MRVC.

To: t2 who wrote (503)	11/4/1999 12:43:00 PM
From: James Fulop	Respond to of 659

Wow... was out until now getting my annual checkup... glad they took my blood pressure before I saw the price.. lol.. The fact that JDSU has not gone down with the OCLI purchase puts it in the same category as Cisco's purchase of Cerent-both huge validations of this sector... hmmmm You asked me about OCLI the other day right? Dang, I was about to pull the trigger there... oh well, gotta settle for ORTL and CIEN...

To: t2 who wrote (503)	11/6/1999 6:01:00 PM
From: DOUG H	Read Replies (1) \| Respond to of 659

Ortel Indicates Stronger Than Expected Second-Quarter Results to be Reported; Company Returning to Profitability Business Wire - October 11, 1999 17:56 ALHAMBRA, Calif.--(BUSINESS WIRE)--Oct. 11, 1999--Ortel Corp. (Nasdaq:ORTL) today said that it expects to report revenues and earnings for the second quarter ending Oct. 31, 1999, that will be ahead of the company's previous expectations and above current consensus earnings estimates as reported by First Call. The company indicated that, based on current orders, revenues for the second quarter would exceed $19.0 million, returning the company to profitability earlier than anticipated. Earnings per share for the quarter could approach $0.02. A year ago, Ortel's second fiscal quarter revenues were $17.7 million, income from continuing operations totaled $0.07 per diluted share, and total net losses were $0.37 per diluted share. In the first quarter of the current fiscal year, Ortel reported revenues of $17.7 million; losses from continuing operations of $0.02 per diluted share, excluding special charges of $4 million, and net losses totaling $0.68 per diluted share. "We are returning to profitability sooner than anticipated for a number of reasons, most notably the strength of our sales in the 1310nm market, across-the-board Ortel improvements in our manufacturing processes, cycle times and productivity gains," said Stephen R. Rizzone, president, chief executive officer and chairman of the board. "Our growth outlook is further bolstered by the progress that we are achieving in developing leap frog, best-of-breed technology solutions for the broadband, data and telecom markets." Ortel will announce complete results for the current second quarter on Tuesday, Nov. 23, 1999. Ortel is a bandwidth-enabling company that designs, manufactures and supplies advanced solutions to original equipment manufacturers for the transmission of video, voice and data. The company applies its core technology strengths in semiconductor optoelectronics, fiber optic transmission and radio-frequency electronics to enhance capacity, increase bandwidth, facilitate Internet access, improve quality and lower costs for broadband cable television networks, as well as for satellite and telecommunications applications. The company has headquarters in Alhambra, and international operations in Germany, France, Singapore and China. For more information, visit Ortel's Web site at ortel.com. This news release contains forward-looking statements regarding Ortel's results of operations or financial condition. Factors that could cause actual results to differ materially include changes in the capital spending of CATV operators, changes in customer order patterns, introductions of new products by competitors, and other risks identified from time to time in the company's SEC filings. CONTACT: Ortel Corp., Alhambra Sally Cholko, 626/293-3643, Investor Relations scholko@ortel.com or Pondel/Wilkinson Group Cecilia A. Wilkinson/E. E. Wang, 310/207-9300 investor@pondel.com