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


To: DOUG H who wrote (507)11/6/1999 6:04:00 PM
From: t2  Read Replies (1) | Respond to of 659
 
Doug, that is one reason the stock is in the 40s and will continue to climb higher. Of course the other reason is that they have an 18% stake in Tellium. When that company goes public, it is expected to be like Sycamore (SCMR). Ortel's share translates into estimates of about $200 is what i read on the yahoo message boards. I did not confirm the math but even if it is a lot less, Ortel should still be trading over 100. Maybe we will soon.