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

To: shlomi cohen who wrote (1431)	8/13/1998 6:45:00 PM
From: savolainen	Read Replies (1) \| Respond to of 1998

[compaq/footnotes] hi shlomi, thanks for the info regarding savan (?) as the coms' vdsl israeli investment... was heading down what is probably not a particularly fruitful path (not the first time)... but am not dropping coms from the list just moving them down a little lower... ;) have not been able to find a savan (?)link... do you know of one? decided to revisit what seems the most likely candidate for a consumer partner: compaq... and ran across the following.. could have missed something (again)... but it seems pretty clear that orctf/fujitsu will be working with compaq for at least g.lite for gte configured machines next year... note the sections on "Quality Service from Compaq and GTE"... and footnote 3... ;) GTE and Compaq are way tight, altho the wsj yesterday had an interesting article which also named hwp as also gte involved... so i guess hwp should also be added the list.. will try to post the wsj stuff (eventually) as a follow-on --- "Compaq Computer Corporation Partners with GTE To Provide Internet Service Offers U.S. Consumers Compaq Easy Internet Access Powered by GTE HOUSTON and DALLAS, June 9, 1998 - Home PC industry leader Compaq Computer Corporation (NYSE: CPQ) has entered into a four-year agreement with GTE Corporation (NYSE: GTE) to offer U.S. consumers Compaq Easy Internet Access powered by GTE. Under the terms of the agreement, Compaq and GTE Internetworking, a division of GTE, will offer competitively priced dial-up Internet access to all Compaq Presario PC customers beginning today. "Starting today, Compaq is the first home-computing company to deliver a far easier and more powerful experience when navigating the Internet," said Rod Schrock, Vice President and General Manager, Consumer Products Group. "Connectivity to the 'Net is now placed front and center in the design of Compaq Presario Internet PCs. Our goal is to make getting started to surf the Web as easy as possible for our customers on their new Compaq home computers." Schrock noted that "Compaq is offering consumers this service because we understand home computing and the Internet better than anyone else in the business." He pointed to the growing "web lifestyle" as a solid reason for Compaq to partner with GTE Internetworking as the Internet access provider, a key component in Compaq's initiative to become "the Internet computing company of choice." Research conducted by Compaq has shown that, in the past 18 months, the Internet has become the number one reason why people buy home computers and that 50 percent of home computers are already wired to the Internet. "As one of the fastest-growing consumer and small-business Internet Service Providers in the world, we know what people are looking for in order to make the Internet work for them," said Alex Coleman, vice president and general manager of GTE Internetworking. "Compaq and GTE are jointly focused on giving consumers the easiest and most enjoyable computing and Internet experience possible." Secure and Easy Setup As part of the out-of-box Compaq Presario registration process, consumers can sign up for the Compaq Easy Internet Access service powered by GTE quickly and securely. In addition, Compaq is working on future programs for the installed base of Presario owners to sign up for Compaq Easy Internet Access. Competitively Priced As part of the introductory registration process, Compaq is offering a $100 cash-back mail-in rebate on all new Presario desktop models to consumers who sign up for a 50-hour free trial(1). Once those free hours expire, Compaq Easy Internet Access powered by GTE is $19.95 per month for full Internet access and one e-mail account. As part of being "powered by GTE," customers who sign up for GTE Long Distance phone service will get the same Internet service for $16.95 per month(2). This service includes 2MB of Web space so consumers can set up their own home page. Quality Service from Compaq and GTE In addition to competitive pricing, GTE and Compaq provide the quality service consumers demand: local dial-up connections with speeds up to 56 Kilobits/sec from approximately 500 points of presence (POPs) for extensive coverage in North America; high-speed Internet access service to the home, as it becomes available in the customer's geographic area (note 3), at up to 1.5 Megabits/sec using new Universal Asymmetrical Digital Subscriber Line (UADSL) modem technology in 1999 ; and 24-hour, seven-day-a-week technical support. ... Notes: 1 $100 Mail-in Rebate from Compaq with purchase of qualifying product and sign-up for 50-hour free trial of Compaq Easy Internet Access. Rebate offer is valid only in the USA and expires 12/31/98. 50 free hours of Internet access when Compaq Easy Internet Access is chosen from Compaq Internet Setup. The 50 free hours can be used over a 45-day period, up to two hours per day. A valid credit card will be required in order to continue service after the trial period. See store for details. 2 Monthly service charge for standard service is $19.95. GTE Long Distance customers are eleigible for $16.95 monthly rate. 3 Service charges and availability for high-speed DSL services may vary. # # #" compaq.com

To: shlomi cohen who wrote (1431)	9/4/1998 9:43:00 PM
From: savolainen	Read Replies (3) \| Respond to of 1998

[cnbc] hi shlomi, thought you might enjoy the transcript of the cnbc piece last week... shows how orctf is being presented to the usa... seems like doug sease (wsj editor) "simplified" the issues surrounding current forward pricing (and addressed by cost reduction program) by attributing current earnings losses to "production facilities" (as well as correctly to r&d)... but i might be jumping to conclusions... have you heard of any issues related to production facilities? thanks in advance, s the full transcript courtesy of d herman... : --- "August 26, 1998 5:00-6:00 PM CNBC-TV Market Wrap Maria Bartiromo, co-anchor: Well, today marks the second installment of out weekly segment on Market Wrap we call "Sease On Stock". Every Wednesday we will be speaking with Doug Sease. He's the editor of the money and investing section of The Wall Street Journal. We'll speak about stocks that he thinks are under-valued and are good bets. How does he come up with them ? By taking to a host of fund managers on Wall Street. Doug joins us live now from the World Financial Center in New York City. Doug, what are you hearing ? Doug Sease (Wall Street Journal): Good afternoon, Maria. Well, I've been talking to Bob and Dave Kearn of Kearn Capital Management. These guys run money for private trusts, they're advisors to the Freemont Funds. They're looking for small, very innovative companies and one of the ones they suggest is a good bet these days is Orckit Communications. Now this is a little company that basically uses xDSL technology. That's tech talk to basically speed up access to the Internet over copper cable. Your telephone wire basically. You don't have to [have] any of this fiber optic cable. So, it's a bet on an existing infrastructure that's already in-place. What they like about Orckit is that it's trading at about 15 and if you look at a chart of their stock, you'll see that the price is going down. There's a very good reason for that. Orckit is going to have a net loss this year more than likely. The reason for the net loss though is that they recently won a big contract from GTE, and they're wrapping up both R&D and production facilities right now and that's making a bit hit on expenses. Bartiromo: Doug, we're looking at a chart right now and it certainly has come off of its hieghts of the year. Seaese: Yes. Bartiromo: Is there a catalyst that you're hearing that may actually turn this situation around ? Sease: Well, this GTE contact I'm talking about is going to have some very good implications longer term. You look at revenue growth for the company - 27 million last year; will probably hit 40 million this year, a hundred million next year, if the Kearns are right on this prediction. So, that's really great. Besides that, Orkcit isn't confined to the US market. They're bidding right now on a big contract with Deutsche Telekom. If they win that, what you've already seen in revenues here in the US will ratchet even higher. So that basically, the Kearns are making a bet here that this net loss this year, forget about that, look forward, seventy cents probably in 1999, and the stock should pop once all those factors are in-place."