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Technology Stocks : Osicom(FIBR)

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To: Grantcw who wrote (5765)3/6/1998 2:30:00 PM
From: craig crawford  Read Replies (3) of 10479
 
<< I actually remember from the conference call someone asking Par if Osicom would need more cash, but I'm pretty sure he said everything was fine in that department and that they weren't even looking into it. >>

Osicom said they had no current plans for a secondary. That would be another offering to the public. If you listen to the CC again they made absolutely no mention of not doing a private financing deal. They never said they wouldn't do a Reg D or Reg S.

When your dealing with these hucksters you have to listen to their words very carefully.
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