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

To: savolainen who wrote (1573)11/1/1998 10:38:00 AM
From: shlomi cohen  Read Replies (1) | Respond to of 1998
 
Hi s.,

Interesting information. As far as I remember they told me, months ago, that they are working in Brazil with a large local telecommunication company.
I also heard that they are selling very good in Brazil.
The problem in Brazil as of lately are getting approved letter of credit before shipping. See the warning of RITTF. (small Israeli company with a new interesting ADSL cables testing product ).

Shlomi.



To: savolainen who wrote (1573)11/1/1998 12:32:00 PM
From: shlomi cohen  Read Replies (2) | Respond to of 1998
 
Just read it now.
Clal electronics announced today, to the Israeli SEC, that it raised its stake in Orckit. I think to 17%. See Globes.
My prediction is that Clal will buy Orckit and will merge it with ECILF which will be a very large telecommunication concern after buying Tadiran Telec.

Shlomi.


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