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


To: John F. Dowd who wrote (1189)5/19/1998 10:40:00 AM
From: shlomi cohen  Respond to of 1998
 
Today opening suggests that the underwriters are supporting below 20.

Shlomi.



To: John F. Dowd who wrote (1189)5/19/1998 11:36:00 AM
From: Kevin Thompson  Read Replies (1) | Respond to of 1998
 
John: I think they cannot announce that the offering CAN be made until the SEC has reviewed the registration statement. After that, they will generally offer the shares based on "market timing" ie a high stock price...

Kev