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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr. Pink who wrote (1864)7/23/1998 10:58:00 AM
From: Mama Bear  Read Replies (1) of 18998
 
Mr. Pink, you may want to take a look at Osicom Technologies. The price is under 5 now, but a 1:3 reverse split that is effective tomorrow will put the stock back above 5. They have death spiral convertibles, perpetual promises of a bright future just around the corner, CEO who sold well over 1 million shares last year, and just bought back 350,000 to soften the blow of the reverse split (my opinion), and a following of fanatic shareholders.

Barb
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