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Technology Stocks : Osicom(FIBR)
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To: Ron Reynolds who wrote (6314)3/31/1998 11:23:00 AM
From: David Pawlak  Read Replies (1) of 10479
 
Ron- I think what you have happening here is a significant shrinkage in the shares outstanding that are "loosely held." I can remeember late last fall when it would take 200,000 volume just to move 1/16 - 1/8. Over the last few months, there have been some very significant positions taken by some long term players (I won't specify names) who clearly understand the potential of this stock and do not jump ship when the technicals break down or some stupid rumor gets circulated.... instead, they buy on the weakness.

Because of this, I believe the volatility is here to stay for quite some time.
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