CEO needs cash and is dumping holdings it seems. This has brought the price down to all-time low. Could be an opportunity.
About OCCF:
Fiber provider Optical Cable helps network pilots make smooth LAN-ings. Its high-bandwidth fiber-optic cables transmit data, video, and audio distances of up to 10 miles. The company uses a tight buffered coating to jacket its products, marketed under the Ultra-Fox brand, creating rugged and flexible fiber-optic cables suitable for indoor and outdoor use. The most common application for Optical Cable's strands are local-area networks (LANs) for schools, hospitals, manufacturing plants, and other facilities. Customers include 3M, DaimlerChrysler, and Qwest Communications, plus electrical contractors, systems resellers, and distributors. Chairman and CEO Robert Kopstein owns 96% of the company (at least he did) |