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

To: BEACHCOMBER who wrote (1772)	4/13/1999 8:56:00 PM
From: David Rubin	Respond to of 1998

It's DSL mania! Orckit was finally discovered. In this wacky market stocks are driven not by news or fundamentals but by herd mentality. DSL stocks like AWRE and COVD are ultra-hot so investors are frantically looking for other DSL plays. On momentum alone ORCTF has the potential to go much higher. But in this case I think the move is justified given the outrageous valuations of Internet stocks. Orckit actually has nice revenues and huge earnings potential in an exploding market. Not that those who are bidding up the stock really care about that, though...