SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Osicom(FIBR)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: David Wise who wrote (6802)5/16/1998 12:35:00 PM
From: Dennis G.  Read Replies (1) of 10479
 
It seems to me that the time has come for FIBR to pick the only sellable apple off their tree and that's the Net+Arm division. This latest release only convinces me more. I think it could net the company 2 to 3 dollars a share. This would be more than enough money to do a lot of good things.

They could retire a sizable chunk of their debt, buy up all the overhanging convertibles and maybe even some of the common. And they'd still have plenty left to run the company, including hiring if needed to produce and market their other products. They could even rename the company and hire and pay a new CEO. Par could just drift off into the background as a major shareholder.

They would have essentially reinvented the company with a strong balance sheet and a positive future. And then I think the rest of the market would be more than willing to invest in the "new" company.

I'd rather they didn't have to sell the Net+Arm that cheap because of its potential, but at this point I don't think they have any choice. They have to stop this endless cycle of printing new shares. The time is now. We shareholders should demand it.

Dennis
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext