MRV Communications (MRVC) opinions? Message Board

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Technology Stocks : MRV Communications (MRVC) opinions?

MRVC 9.975

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Aug 15 5:00 PM EST

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To: Brett Grabowski who wrote (978)	12/5/1996 1:50:00 PM
From: Mike Winn	of 42804

>>>If anyone would like another idea check out Osicom Tech. (FIBR) Well you guys and gals, beware of this company. Some of their sales numbers may be totally fabricated. Read the following: ... Having investor relations handled by a man with a felony conviction in connection with bribes to promote stocks is only one of the questions that surround Santa Monica, Calif.-based Osicom Technologies Inc. The manufacturer of communications products in 1994 had its former outside auditor question its ability to put out reliable financial statements. It also has been involved in some unusual accounting and stock transactions. For example, its reported earnings in recent years have come largely from an accounting device known as "negative goodwill." "We certainly have confusing issues" for investors, concedes Osicom Chairman Sharon Chadha. "Dow Jones News Service" "Copyright(c) 1996, Dow Jones & Company, Inc."

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