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Technology Stocks : Osicom(FIBR)

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To: bill banks who wrote (6040)3/20/1998 11:04:00 PM
From: Michael Young  Read Replies (1) of 10479
 
I'm not sure why you guys are so worked up over Barb's trading record.

Shouldn't you care much more about the massive ongoing share dilution and shortage of cash?

I'm no accounting guru, but common sense indicates that a company selling sophisticated networking products needs more than $2mm in unrestricted cash on hand.

They obviously can't float a debt issue, so the only answer is another massive dilution of shareholder's equity.

Responses welcome.

MIKE
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