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Technology Stocks : Osicom(FIBR)

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To: Brian who wrote (7671)7/24/1998 3:10:00 PM
From: Mohammad Khan  Read Replies (2) of 10479
 
"Osicom is doing the reverse split so the company can upgrade its
listing on the Nasdaq market to the top-tier National Market from
the lower-rung Small-Cap Market."

If this is the main reason for rushing 3 to 1 reverse-split, does
this mean that NMS is now doable and being targeted before the EN's
IPO SEC filing. Seeing the effect of reverse-split on the stock
price over last week : better be worth-it!!!

Any comment on the possible timing of it? As well, does this mean
other objections/issues are already cleared for the NMS listing...
that had been inhibiting such to happen when the stock itself
was above $5 last year?

Any rational insight?
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