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

To: savolainen who wrote (1756)	4/12/1999 6:53:00 PM
From: changedmyname	Respond to of 1998

yup, ORCTF finally getting recognized, and should rise nicely over the next few days. I would expect a nice trend of intraday higher highs and higher lows. Just look at what AWRE has done of late. This stock is just starting imo. Best of luck all, Jason

To: savolainen who wrote (1756)	4/12/1999 9:32:00 PM
From: semi_infinite	Read Replies (1) \| Respond to of 1998

s. and Shlomi, thanks and thanks. Our patience is finally paying off. The street has become aware of ORCTF :-) pun intended. I am unwinding positions in AWRE after a very nice ride, and I expect just as nice a ride from ORCTF. I still don't understand the perception that AWRE has an intellectual property advantage on algorithms, and a better business model just focusing on algorithms, and not hardware. In fact I noticed that Nigel Cole was giving the status report on g.lite at the Cebit. It may be mute anyway if full adsl gains acceptance.

To: savolainen who wrote (1756)	4/13/1999 3:41:00 AM
From: dogness	Read Replies (1) \| Respond to of 1998

Hi S, Thanks for the kind words. Still have some shares, but was waiting for this kind of action to add more since dumping a lot on that last retreat. I've always thought that the adsl stocks could advance similarly to some of the high flying internets. But my timing was early. Now however, Aware has shown that it can be done. And the timing for Orctf may indeed be now. I think you are correct about the risk being in missing the move. It sure has been true in stocks like Amzn,yhoo,aol,cmgi etc. It's tough mentally to pull the trigger on a high flyer that's rocketed a few hundred percent or more. Well, hope this move isn't premature. It shouldn't be imo. Best of luck, Savolainen, I'd like to hear you pop that cork someday soon. Dog

To: savolainen who wrote (1756)	4/13/1999 6:37:00 AM
From: supergekko	Read Replies (3) \| Respond to of 1998

S. Got Info from ORCTF Europe that DT is planning to install 100 000 ADSL lines this year and 1 mio lines next year. Much more than previously assumed. DT is going to promote T-DSL service with DM 99 per month including 50 hours of free Internet access. Check related DT homepage: telekom.de Rollout is also increasing due to the unbundling discussion going on between AOs like Arcor and DT.

To: savolainen who wrote (1756)	4/13/1999 11:28:00 AM
From: SteveG	Read Replies (3) \| Respond to of 1998

NBMO this AM recommends taking $$$ out of WSTL and ADTN and moving into ORCTF and PAIR. Individual reports to follow. BTW, for anyone interested in this new thread: Subject 27423

To: savolainen who wrote (1756)	4/13/1999 12:09:00 PM
From: SteveG	Respond to of 1998

NBMO: Orckit: Establishing a 12-month price target of $40. (drop an email for full pdf w/projections) - We are establishing a 12-month price target of $40 for Orckit. Investment Opinion. We are reiterating our BUY rating on Orckit, and establishing a 12-month price target of $40, vs. our prior near-term price target of $30. Orckit represents a near pure-play on the expected deployment of ADSL for faster connections to the internet. Recent checks in the market indicate that ADSL deployment appears to be picking up steam, as both carriers and vendors have become more bullish in their predictions regarding both timing and magnitude. While other companies should also benefit, we believe that shares of Orckit offer particularly strong appreciation potential due to the ADSL pure-play aspect as well as the earnings leverage from strong ADSL business. Due to the company's significant earnings leverage, we believe that Orckit could earn well over $2.00 in 2001; applying a multiple of 20x to this estimated 2001 earnings power, we arrive at our 12-month price target of $40. - We are establishing a 12-month price target of $40 for Orckit. In our last comments on Orckit, we reiterated our BUY rating on the stock with a price target of $30. We are now establishing a 12-month price target of $40 on shares of Orckit. Investment Opinion. We are reiterating our BUY rating on Orckit, and establishing a 12-month price target of $40, vs. our prior near-term price target of $30. Orckit represents a near pure-play on the expected deployment of ADSL for faster connections to the internet. Recent checks in the market indicate that ADSL deployment appears to be picking up steam, as both carriers and vendors have become more bullish in their predictions regarding both timing and magnitude. While other companies should also benefit, we believe that shares of Orckit offer particularly strong appreciation potential due to the ADSL pure-play aspect as well as the earnings leverage from strong ADSL business. Due to the company's significant earnings leverage, we believe that Orckit could earn well over $2.00 in 2001; applying a multiple of 20x to this estimated 2001 earnings power, we arrive at our 12-month price target of $40. In the near-term, GTE is hosting an investor meeting on Wednesday in New York to discuss the company's Internet strategy. Given the recent tenor from other service providers regarding their increased expectations for ADSL deployment in 1999, we expect that GTE will offer a similarly bullish outlook for its ADSL activity for the remainder of the year. Given Orckit's position as sole supplier of ADSL gear to GTE, we expect that this meeting may provide a near-term catalyst for the stock.