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Technology Stocks : Orckit (ORCT) -- Ignore unavailable to you. Want to Upgrade?


To: Claude Edelson who wrote (989)3/27/1998 1:44:00 PM
From: shlomi cohen  Read Replies (3) | Respond to of 1998
 
I think the huge volume yesterday indicates to business developments and not end of Q.

Shlomi.



To: Claude Edelson who wrote (989)4/5/1998 8:00:00 AM
From: shlomi cohen  Read Replies (2) | Respond to of 1998
 
This to answer your post on CRYSF thread about ORCTF.

If I am not mistaken the same analyst who downgraded the stock Friday asked Tamir at the cc "I understand that Orckit is going to lose money this year and into 1999" and Tamir answered : "I did not say so". The analyst did not ask more probably because he had the downgrading printed before the cc, right after the warning.( very strange indeed)
About the margins Tamir said: If we'll get contract in Q2 and Q3 the margins will be lower but from Q4 and on margins will be widen due to cost cutting . ( as s. explained.)
Now we know they got a large contract for Q2 or Q3.

Shlomi.