Osicom(FIBR) Message Board

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Technology Stocks : Osicom(FIBR)

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To: David Pawlak who wrote (6567)	4/27/1998 9:24:00 PM
From: Ron Reynolds	Read Replies (1) of 10479

David, It gives me no comfort to know that short interest has declined by 26% from mid-March to mid-April. To the contrary...it suggests that the price stabilization and upswing we've observed over the past couple of weeks may be attributable to short covering/profit taking rather than to any fundamental factor or factors. As an investor (or should I say "gambler?") with a long position in FIBR, I'd feel much better knowing that current short interest was 2 or 3 times greater than the figures you shared. Then again, I'll bet dollars to donuts that I'll be able to unload the shares I recently purchased at $3 15/16 at no less than $5 1/4, prior to May 29....at which point short interest will once again balloon. These swings are likely to continue until FIBR demonstrates significant sales...or dilutes itself to death. Keep those reports coming! Ron

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