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Technology Stocks : Osicom(FIBR)

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To: A. Geiche who wrote (6326)4/1/1998 9:57:00 AM
From: CMS27  Read Replies (1) of 10479
 
Gieche,

Your play with semantics is pretty meaningless. What I believe and what you think could be equally wrong or right. I make it pretty clear when I am stating an opinion. Using the word I believe or it seems is just a sort of disclaimer that indicates such. The point you are trying to make is very unimportant anyway.

>>There is no question that the stock is badly undervalued. You know why?<<

Yes I do know why. It's from a variety of reasons. The biggest reason is that they have not shown any substantial revenue growth. Now some will jump on those words and hold them up as reason to short, or discredit the company. What I have believed and said all along is that we are entering the time when we could see the revenue growth. We are beyond the aquisition and design stage, now it's time to sell.

No news release of anything other than a major sales deal will have a lasting effect on the stock. It really is not helpful for management to put out a bunch of ra ra, because while it may casue a spike, it would be unsustainable. Earnings will result in long term appreciation of the stock price and nothing else. So your badgering management for "news" is wasted energy in my opinion. Unless of course you are margined and need the price support. I agree with Constantine, don't margin FIBR. A cash investment is by far enough risk for anyone. Margin Coke or GE on a DOW dip. Not an emerging, unknown small networking company. Doing so is gambling and you can't blame management for your loss when the gamble turns sour.

Revenues is where it's at my friend that is all that matters. All else is simply evidence of their business plan at work, which as investor I am aware of and I have wathced them follow it thus far. I believe there is a chance for them to generate revenues with their new products. But the road ahead is frought with danger and my belief is truly a speculation.

Good investing,

Scott
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