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Technology Stocks : Osicom(FIBR)
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To: vibaby who wrote (6716)5/11/1998 1:49:00 PM
From: CH  Read Replies (1) of 10479
 
I guess it is due to the 2 million+ "new shares" under the recent S3 are there waiting for selling. Look at the list, it is really strange to me that there is a lot of "small lot" such as 2-3000 shares per each, who are those guys?
Borrowing money by preference shares or other arrangement, might look expensive to some of us, but borrowing money for $10-15K each and the company cannot pay them off by cheque, it really seems to me they are short of fund.
Those guys know why the company pay them with shares, if my guess is close, I assume all of them will cash their shares in the market.

CH
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