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

To: IngotWeTrust who wrote (1143)	4/20/1998 6:33:00 PM
From: D.J.Smyth	Read Replies (1) \| Respond to of 1998

Ole, thank you for such an explanation. Orckit's trend down from $23 1/4 to $22.25 (which no one bit on) was on a mere 5500 shares. At the $22.50 level it appeared that approximately another 5500 shares were entering on the buy side. The sell-off was in mostly 100 to 500 lot sells. I was surprised at the drop relative to the thin volume (10 trades at 2500 shares total sent the price down to $22 3/8 - again which no one sold at) given Orckit's strength above $22 thus far. I know it's a game; the rules of which change monthly.