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

To: srvhap who wrote (1129)	4/18/1998 3:06:00 AM
From: shlomi cohen	Read Replies (3) \| Respond to of 1998

Hi srvhap, Next for ORCTF as I see it: CEO + the new CFO will make a kind of road show to the big inv. houses in order to push the price toward 27-30 and a second offering will be done in order to put more shares to the market.(And raise money to meet GTE contract) Right now the large inv. houses can not take large positions in this ADSL most important company due to small float. The two founders (Tamir & Panet) with 50% of the shares will sell. Still waiting to the PC oem ADSL cards agreement. Look at the Israeli co. GALTF. Same business as BROADCOM. Shlomi.