Lecent, yes it's a sequential bloomer and can keep going for a long time. It's a great orchid if you can find one. Like Camille said they were really popular in Europe a few years back and you could find them everywhere, now no-one is selling them. The nursery's tell my hybrids often go in phases like that
That reminds me that I still have to go visit the dutch nursery that sells it... I'd rather buy in person than online, since their quality is hit or miss.
Otherwise, look what I just found when I put the name through my custom google search: Paphiopedilum PINOCCHIO :: Wilhelm Hennis Orchideen -
__________________ Camille
Completely orchid obsessed and loving every minute of it....