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Technology Stocks : Osicom(FIBR)

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To: craig crawford who wrote ()8/2/1997 12:50:00 PM
From: Jerzy Dziedzic   of 10479
 
RE: Is it the fact that FIBR's stock price has only risen once out of the last 8 trading sessions?

I do not want to start a new series of posts here but your question reflects exactly a difference between your and my way of thinking. Yours is short term, mine is long term. I mean at least 6 months, possibly one or two years. Lynch considers "long term" as 5-6 years. Yes, it is the fact that FIBR's stock price has only risen once out of the last 8 trading sessions. But if you think long term, you should not pay too much attention to day-to-day moves. These moves just happen. Unless of course the company's fundamentals change together with the negative stock price trend. I do not think Osicom's fundamentals changed. If they did they changed for better lately. I am not blind and I know what caused the latest drop in price (share dillution, lack of NASDAQ listing, last quarter's results, you can add possible manipulation, etc..). But I do not suppose that you think FIBR will be at $6 a year from now. It will be at least at $12. That's why it may be a good time to buy more FIBR right now.
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