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

To: John F. Dowd who wrote (1784)	4/19/1999 9:45:00 PM
From: John F. Dowd	Respond to of 1998

To All: Good technical background for the lay investor: busn.ucok.edu JFD

To: John F. Dowd who wrote (1784)	4/20/1999 6:46:00 PM
From: Scrapps	Read Replies (1) \| Respond to of 1998

Orckit Announces Nasdaq Stock Symbol Change to 'ORCT' TEL AVIV, Israel, April 20 /PRNewswire/ -- Orckit Communications Ltd. today announced that effective April 21, 1999, its securities will trade under the new symbol ''ORCT'' on the Nasdaq National Market. Previously, the Company's securities traded under the symbol ''ORCTF.'' Shareholders are advised to make note of this stock symbol change. Orckit Communications develops, manufactures and markets a wide range of high-speed local loop communications systems, including HDSL (High Bit Rate Digital Subscriber Line), ADSL (Asymmetric Digital Subscriber Line), SDSL (Symmetric Digital Subscriber Line) and VDSL (Very High Bit Rate Digital Subscriber Line). Orckit is an active participant in many standards bodies concerning ADSL. Dan Arazi, Executive VP Marketing and Sales, is on the Board of Directors of the ADSL Forum, and Nigel Cole, VP New Business Development, is the Chair of the Technical Committees of the ADSL Forum. Orckit is a strategic partner of Fujitsu Network Communications in North America. For more information about Orckit or its xDSL technologies, interested parties can visit the company's web site at orckit.com. (Certain matters discussed in this news release are forward-looking statements that involve a number of risks and uncertainties including, but not limited to, risks in product development plans and schedules, rapid technological change, changes and delays in product approval and introduction, customer acceptance of new products, the impact of competitive products and pricing, market acceptance, the lengthy sales cycle, proprietary rights of the Company and its competitors, risk of operations in Israel, government regulation, dependence on third parties to manufacture products, general economic conditions and other risk factors detailed in the Company's United States Securities and Exchange Commission filings.) SOURCE: Orckit Communications Ltd.