John- You are soooo correct... This is my favorite stock. I favor investing in the technology sector more than any other sector, mainly because I feel I have a solid undedstanding of it and the volatility of the sector allows for quick, exciting returns. For the things I don't understand, I have 2 very close friends that are in the field (1 of them a fiber optic technician)to help me get a better understanding of it.
In recent times, it's become very difficult to find companies in the technology sector that I feel won't be effected by the Asian disaster. With Osicom's record backlog and 3 key products starting to hit market, it's clear to me that any negative effect from Asia will likely be offset by lower production costs and positive effects from the new, potentially explosive revenue generating products.
Then there's the financial journal trash (Barron's, Business Week)that has been thrown at the company, which has forced me to dig deeper and deeper into the claims made. The more research I do, the more I learn about the company and the positive developments and strides they are making (in terms of technology and distribution), but nothing turns up to back the claims that have been made in those financial journals..... which leads me to buy more and more and more and...
Personally, I can't think of any other company with this high of a risk/reward ratio which is the reason why this is my favorite stock. |
