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Technology Stocks : Osicom(FIBR)
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To: Mama Bear who wrote (8936)1/6/1999 5:57:00 PM
From: Ron Reynolds  Read Replies (1) of 10479
 
Barb,

I'm not going to assign "blame" or attribute responsibility
for the current decline in FIBR share price to any sort of
conspiratorial short-selling or manipulative trashing of the
company. That, IMHO, is foolish.

I think we're simply seeing folks who made a lot of money
as share price climbed from just below $2.00 to just above
$18.00, take their profits and enjoy their gains, with a
full 15 months before Uncle Sam comes calling. The more
precipitous the decline, the more folks who will want to
preserve their gains. They're entitled.

To the day-traders, short-term shorts and momentum players
who made a tidy, in-and-out profit the past few days...
congratulations to you.

Ron
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