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

To: John F. Dowd who wrote (1032)	4/2/1998 10:06:00 AM
From: Mad Bomber	Respond to of 1998

[insiders] I agree. The 1 mil. share day stands out like a sore thumb. Those in the know dumped shares in the 18's and have now picked them back up in the 16's. Nice week profit. It makes me want to puke. I am becoming more and more of a believer in technical analysis every day for short-medium term investing. News is always leaked to the "Gordon Geckos" of the world. If I did not remember the name right, that was the character in the movie "Wall Street". Fundamentals are only useful for real long-term investing in my opinion. Oh well, I am sticking with this one through 98' at least come hell or high water. Once XDSL gets going for real, I will re-evaluate. MB

To: John F. Dowd who wrote (1032)	4/2/1998 10:08:00 AM
From: IngotWeTrust	Read Replies (2) \| Respond to of 1998

Fail 2C how railing against "i/trading" esp on a foreign listed stk overwhelms fundies, J. This is a thin stock. When moves are exaggerated on the downside, can we count on you to bellyache about insiders who : 1)ALWAYS know more 2)always WILL know more 3)always react quicker than those that are NOT privy to their info 4)unless the 2 principals and the supportive institutions, INCLUDING DT start dumping, you can assume the Specialists are the ones lining their pockets and not the steady as she goes principals + institutions. What some of more experienced players observed by reading the tape ystdy was just Specialists "shaking dah tree" to get ahold of stock, NOT DUMPING by those "in the know." You'll get the hang of it eventually if you stick around long 'nuff. I'll grant you this: it is a tad tougher in such a thin float...but MAN-O-MAN, when the news is good and the stock soars, I anticipate your crowing from the rooftops!!!!!(grin) O/49r