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Technology Stocks : Osicom(FIBR)

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To: craig crawford who wrote (6411)4/10/1998 2:22:00 AM
From: David Pawlak  Read Replies (3) of 10479
 
Craig- I believe you are really misunderstanding what A Geiche is saying. I don't believe he is literally accusing you of being part of a mob, rather a new fad (some likely organized) that feeds off of scare tactics targetted at small cap stocks with little or no institutional coverage combined with a mysterious history. I've noticed this as well on a number of small cap and even large cap stocks with little coverage over the last year.

A. Geiche, I read your post and even checked out what you were referring to on the Actrade board. They are similar tactics, just like you said, and you are wise to see this and take advantage of it. I have recently begun to do the same. You'll find the following link interesting:

nypost.com

The story discusses one of the market makers who makes a market in FIBR and his run in with another company that caused him a great loss. Interestingly enough, I heard there was a similar article in Business Week recently by Gary Weiss that defended this market maker about this issue. Ironically, I believe Gary Weiss, the Business Week writer, was the very same author who wrote the "Mob on Wall St." articles. I'm not trying to conjure up some grand conspiracy theory here, but I know that most of you can add up 2+2.

Craig, I'll point out at least 1 mistatement from you that was posted on the COMS board in mid January. This is the first one that comes to mind. You stated that 20/20 featured a story about mafia manipulating of stock prices and mentioned FIBR as one of the stocks, when in fact Osicom was never mentioned on 20/20. If you want more, I know I can dig it up.

As far as I know Craig, you are the only person Osicom is going after. As far as your conspiracy theory on shutting shorts up..ie Barb, etc, I recall her saying that she covered her short position around 4 and indicated she was ready to move on.
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