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


To: savolainen who wrote (1469)9/8/1998 5:26:00 PM
From: SoMo  Read Replies (1) | Respond to of 1998
 
[milestones/DT contract]

Hi savo.

So this is it. Orckit got a minimum of half the contract.
Unfortunately, as we expected the stock got a small lift at the open and then went back a bit...and I believe it should lose some few more dollars until we get some real hints on cost reduction developments.
I was told today the new ADSL chip is now on track for 03/99.
I think you're right by thinking Orckit selection by DT is a positive signal regarding that matter.
I'll try to get some more info from the conf'.
My thoughts on this crazy day: Orckit is the real DSL leader. I'm no more long from this morning. But I will definitely come back and buy on lows...maybe in the very short term depending on market conditions as well.

till later.
SoMo.