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

To: D.J.Smyth who wrote (1136)4/20/1998 4:20:00 PM
From: nic  Read Replies (3) | Respond to of 1998
 
$40 - the price Texas Instruments paid for Amanti

Am I missing something here? TI paid $20, not $40, per share of AMTX.

- nic



To: D.J.Smyth who wrote (1136)4/20/1998 5:33:00 PM
From: D.J.Smyth  Read Replies (1) | Respond to of 1998
 
Salvo: the $70 to $85 million income generated from GTE contract will effectively increase Orckit's earnings by over 600%, not their revenue. Nevertheless, revenue realized from other contracts and continuing HDSL would only be frosting. so why was Orckit sold off briefly there this afternoon. It appeared that a few shareholders were trying to get out quickly.


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