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Technology Stocks : Osicom(FIBR)
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To: craig crawford who wrote (4572)1/23/1998 12:22:00 PM
From: Greg Stuk  Read Replies (1) of 10479
 
I do not post on this thread very often, but I would like to clarify one point about shorting FIBR. Osicom is not a NMS listed stock as yet, and as such, can be shorted on the downtick. The rule preventing shorts on the downtick applies to NMS listed securitities. In my opinion this fact has been taken advantage of by shorts as well as some of the market makers in FIBR. I do not understand why the rule does not apply to all stocks, and believe that in all fairness it should.

Greg
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