Osicom(FIBR) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Osicom(FIBR)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: craig crawford who wrote (5678)	3/5/1998 8:54:00 PM
From: Ron Reynolds	Read Replies (1) of 10479

Yawn I didn't reserve a seat on the plane. I didn't get worked up in anticipation of last quarter's earnings. I didn't get excited when the stock moved up to $6.00 today. And I'm not going to be fazed when it falls back to $5.25 tomorrow. Price and volume rose today on folks making earnings plays, and price will fall tomorrow when the earnings players bail out...short-term traders take profits...and those who've decided to throw in the towel on longer-term prospects call it quits. The company didn't fudge any numbers as best I can tell, and made no effort to provide any "fluffy" damage control. Probably because they don't perceive the presence of any damage and consider the company's progress to be essentially on track. In a week or so, they'll announce a new director and share price will rise. Then it will drop. Then the company will reveal the nature of its alliance with the "multi-billion dollar electronics company" and share price will rise yet again...before falling. Eventually, the company either will or will not begin selling its troika of new products...will be acquired...or will crash and burn. I'm going to continue to accumulate shares on dips, betting on the company's intermediate-to-long-term prospects.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next