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

To: savolainen who wrote (1443)	8/21/1998 5:46:00 PM
From: SoMo	Read Replies (1) \| Respond to of 1998

[steven levy/lehman] Hi savo. Steven Levy has been covering Orckit since the IPO. First at Oppenheimer. Then a few months ago only at Salomon Smith Barney. And now, surprisingly and interestingly at Lehman Brothers. He has also begun coverage of ECI Telecom with a Buy rating. I said interestingly cause Lehman has just managed the merger deal of Memco/Platinum. Memco is an Israeli information security company they have initially issued. As it was the case for Zag Industries, another Israeli company they issued and then dealed the acquisition. So even if Lehman had no dealt with Orckit IPO, the new coverage now, with Steven Levy coming from Smith Barney and leaving strangely after a few months only and knowing the company quite well as he was involved with Oppenheimer at the IPO, is raising in me some kind of suspicions about Lehman's plans. Well I might be absolutely wrong with my story but all this is worth spending a little time thinking about. any thoughts ? Bye SoMo.