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

To: Daniel Ralls who wrote (1615)	11/20/1998 3:43:00 PM
From: Scrapps	Respond to of 1998

Thanx for pointing that out on the MMs. It seems the upward movement may be related to DSL in general rather than company specific.

To: Daniel Ralls who wrote (1615)	11/21/1998 3:12:00 AM
From: SoMo	Read Replies (2) \| Respond to of 1998

[market makers] Hi Daniel, Preferred Capital is pretty new MM in Orckit as you noticed. But Smith Barney has been a MM in Orckit for several months now (about six months if I remember well). They started to be MM following a new coverage with a Strong Buy by analyst Steven Levy. Since then Steven Levy has moved to Lehman Brothers as I wrote once on the thread...leadind Lehman to be a new MM on Orckit as well. Since then no analysts assume coverage of Orckit at Smith Barney. Concerning Bear Stearns, they've been a MM for several months as well...but with no coverage of the stock. So like Scrapps, I assume the Friday rise is related to DSL interest in general (Compaq Presario, MCI/Worldcom plans...) till later, SoMo.