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Technology Stocks : Osicom(FIBR)

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To: Mohammad Khan who wrote (7726)	7/29/1998 12:10:00 AM
From: Dennis G.	Read Replies (2) of 10479

Not a very great start for ELON or several other IPOs today. Looks like a bad time to do one, especially hardware. Wall Street hates hardware. Wouldn't be surprised to see it drop under the offering price tomorrow. Not sure how they get a $240M market cap. Offering was only 5 million shares, meaning total of only $35M. Is there another 30 million shares somewhere? They traded 2.5 million today. Dennis

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