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Technology Stocks : Osicom(FIBR)
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To: Afaq Sarwar who wrote (10464)5/6/2002 2:25:08 AM
From: starstation  Read Replies (1) of 10479
 
It should come as no surprise to you that I don't trust investment bankers or their recommendations. Chapman company had strong buy on this stock at $140 then downgraded it to a hold at $15. Then I read that Chapman discontinued coverage and dumped their shares.
Baird, which I think is the only other firm covering this stock has it as a hold, with a price target of $7.
It is now a $2 stock. Perhaps there is a double here, but there are many more reputable and profitable companies that merit investment for a double from these levels than this.
Nevertheless, thanks for your albeit tardy response to my question.
SS101
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