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Technology Stocks : Osicom(FIBR)
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To: craig crawford who wrote (5760)3/6/1998 2:18:00 PM
From: Stewart V. Nelson  Read Replies (1) of 10479
 
Craig

<<<How do you know FIBR won't just do another convertible and add even more shares? Shares authorized are 40 or 50 million now, correct?
>>

You don't know, and probably they will have to secure some more long term financing if they plan on staying in business. The cash flow is not there to generate growth internally.

The shareholders will begin to sing..."Where have all the shares come from??, Long Time Passing....!" (Sung to the tune of "Where have all the flowers gone"!)

Just my opinion.

regards
Stew
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