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To: Andreas Helke who wrote (28781)11/18/1997 7:14:00 PM
From: Chemsync  Respond to of 31386
 
[Orckit picked by newsletter, up 1 3/8]

Orckit was the Spotlight Stock of the popular Wall Street newsletter 'Dick Davis Digest', for November 17, 1977. In a recent visit to Israel Dick Davis fell absolutely in love with xDSL technology.

Some amusing quotes: "Orckit has developed a modem so fast that it promises to wipe all existing competitive products off the map--while simultaneously solving the phone companies traffic jam problems"

"Based on our estimates for 1999 earnings, Orckit could easily double in price in two years--although our chips are on an even bigger move triggered by feverish mass media coverage over the next year"

My interpretation: as the DSL companies are discovered by the media, the medias' enthusiasm will help fuel what they perceive as a 'hot item'.

Hopin for a sizzling 98
sg