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Technology Stocks : Osicom(FIBR)
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To: craig crawford who wrote (5715)3/6/1998 8:18:00 AM
From: ChrisJP  Read Replies (2) of 10479
 
Craig,

I have no intentions of taking sides on this one, but let me say first that based on the rhetoric and spin I have seen here in the last 18 hours, I believe many of you are desperately needed at the White House !

I cannot respond to every claim, so I will only post a few. IMO, the market's gonna do what its gonna do, but the basis for some of the arguments here and the twisted interpretation/representation of CC statements border on hilarious.

First NASA. Many companies lend equipment to agencies like NASA because NASA's network environment is very demanding and represents an excellent field test. More importantly, it gives the company bragging rights "Used by NASA". Kind of like Tang. So please give up on the NASA item.

Second WCOM. News flash ! CIEN just recently announced that WCOM has delayed (cancelled) some orders. That's what send CIEN into the dumper. Maybe the reason WCOM changed their purchasing plans with CIEN is that they found a better product to buy.

Third. My favorite shorter's argument I read came from the Yahoo thread. The poster brought attention to the bad news that inventories were down ! Sorry to say that in any business I've ever seen, lower inventories is a positive indicator. Products are moving and expense of carrying items is less.

This is not to say the shorts may have some valid concerns regarding FIBR's balance sheet and perhaps their credibility. But most of the arguments outside of balance sheet related ones are the lamest I've read in a while.

Regards,
Chris
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