Osicom(FIBR) Message Board

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Technology Stocks : Osicom(FIBR)

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To: David Klein who wrote (6901)	5/20/1998 2:50:00 PM
From: CMS27	Read Replies (1) of 10479

>>I think people are having a problem with FIBR because if they don't come up with extra cash they are left sitting with a diluted original investment. Am I missing something here? << From what I can tell that's pretty accurate. The unfortunate situation that is apparent is that Osicom needs cash as a whole and the Net+Arm division does as well. Anyway you slice it, this is the case. Wether that cash is raised through a rights offering, a secondary, more convertible shares, it's simply more financing. Yes it would be good to get to the point of being able to finance operations with cash. But short of that, I believe the rights offering is the method that is most favorable to shareholders. Just my opinion. Scott

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