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Technology Stocks : Osicom(FIBR)

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To: Ploni who wrote (3345)12/6/1997 9:00:00 PM
From: Angel Estrada  Read Replies (4) of 10479
 
Check this:

"In another taped conversation, Belfort made a startling disclosure. According to Belfort's taped account, a company called Builders Warehouse Association Inc.--which since has become a unit of Osicom Technologies Inc.--once offered him a huge bribe in return for Stratton selling the stock. Said Belfort: ''This guy came to me, this...kid from Utah came to me....He offered me three shares in Switzerland for every share I sold....I had like 500 brokers,'' Belfort continued. ''I could have sold a zillion shares.'' Belfort declined to discuss the alleged bribe offer. Osicom and Barry Witz, former chief executive of Builders Warehouse, did not respond to requests for comment."

Is this going to hurt Osicom again?

Complete articles:
businessweek.com
businessweek.com
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