Osicom(FIBR) Message Board

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Technology Stocks : Osicom(FIBR)

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To: Angel Estrada who wrote (3346)	12/7/1997 12:55:00 AM
From: Aaron K. Dhiman	Read Replies (1) of 10479

Angel, Definitely not a good article for Osicom. Does anyone know the details of Osicom's IPO? What units were a part of the original company as it was going public? From this chart->http://quote.yahoo.com/q?s=FIBR&d=5y, it appears to have gone public around $2.50 in late '94. It is very unfortunate that Barry Witz is in any way associated with Osicom. He has a very bad reputation. Although there is no direct mention of Barry's being involved with shorting Builder's Warehouse, it appears that every stock he is involved with has not fared too well. I feel it is really impossible to make any conclusions as to what is really going on with Osicom, but I suggest reading this press release by Osicom after the London Sunday Telegraph was forced to rescind its allegations against Osicom->http://www.osicom.com/pr/970609.htm. I don't think Par would have said what he did if he really were guilty of anything. His statements would be enough to hang him if he really were involved in anything illegal with Witz or the mob. I really hope that Osicom is an innocent victim and that we are getting a bargain at these levels. The company really does have great products. High Risk can equal High Rewards. Aaron

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