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Technology Stocks : Osicom(FIBR)

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To: Mama Bear who wrote (1508)8/25/1997 3:09:00 AM
From: Mama Bear   of 10479
 
All: I have looked at the technical chart for the last 2 years, and believe we will find solid support at 4. I mean absolute rock bottom if we really get slaughtered support. I don't think the 3's are realistic. Osicom has not traded there since early 96 and immediately snapped back, starting it's run to ~20. I have a buy order in for 4 (that I don't expect to fill, will modify after the market opens), if it opens lower, I'll take all the shares I can. I think realistically we'll open at 5 and close around 5 1/2, but this is all speculation on my part. I do expect volume to be > 1 million tomorrow.

FWIW

Barb
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