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Technology Stocks : Osicom(FIBR)

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To: David Pawlak who wrote (6636)4/30/1998 10:21:00 PM
From: Mama Bear  Read Replies (1) of 10479
 
>>>Now that the shares are registered, the shareholders have the ability to sell if they wish to. The company did not take in any additional cash as a result of this filing and this does not constitute an increase in the fully diluted share count.<<<

Nice spin, but if they sell, it will be an increase in the fully diluted float, no? The damage to the share price is not done when the shares are created, but when the shares are sold and become part of supply. I think I recall you reassuring the thread in the same way when there were some S3s filed in June/July 1997. People don't file these things unless they want to sell.

Barb

Barb
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