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


To: John F. Dowd who wrote (1248)6/9/1998 10:08:00 PM
From: Matt Webster  Read Replies (1) | Respond to of 1998
 
When is the Orckit secondary offering supposed to occur? It didn't say much of anything in the press release. Shall I assume that the unleashing of 3 million shares of ORCTF onto this thinly traded stock will send the price through the floor for a few weeks? I love ORCTF's fundamentals, but I think supply/demand of shares will drive the price lower as soon as the secondary begins.

Opinions?
Matt



To: John F. Dowd who wrote (1248)6/10/1998 10:18:00 AM
From: D.J.Smyth  Read Replies (1) | Respond to of 1998
 
<<How much effort would it take to change the homepage- 30 seconds? >> it's not the homepage at issue but GTE's high speed access.