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Technology Stocks : Osicom(FIBR)

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To: David Wise who wrote (8048)8/18/1998 6:55:00 AM
From: craig crawford  Read Replies (1) of 10479
 
>> I sure noticed CC and BP's absence this afternoon. Guess they were busy
covering. <<

Can't speak for Barb, but you make me laugh. Your stock is down over 93% and you think a little bounce due to a hype announcement changes anything?

The press release said it would expand the network to 10Gb/s. That is like a 4 channel mux at OC-48. A tiny order. Looks like Osciom was getting desperate after watching their stock fall everyday and decided to throw together the press release to stop the bleeding. They didn't even bother to wait for "permission" to post the customer's name, that shows how desperate they really are. We have no idea what kind of price concessions Osicom offered to get this sale.

Let's just wait and see what the quarterly results have to show...
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