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


To: savolainen who wrote (1193)5/20/1998 10:09:00 PM
From: srvhap  Read Replies (1) | Respond to of 1998
 
<<so what are your speculations on the rest of the plan? :)>>

From where I sit it seems pretty simple. They have some good investment bankers and M&A folks watching their backs. I believe that they are going to use the monies from the Additional 3MM shares to gear up for future deployments and then -- my guess is that we see an M or A by late summer. I also believe the price before the announcement will be in the upper 20's low 30's. Of course, this is only idle speculation on my part :))

Cheers,

Tom