Osicom(FIBR) Message Board

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Technology Stocks : Osicom(FIBR)

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To: Joseph H. Leiti who wrote (8764)	1/1/1999 3:48:00 PM
From: Mama Bear	Read Replies (5) of 10479

Let's see, you folks are simply impressed because of the price, right? I can't see anything that significant in the filings that merits this increase on a fundamental level. I have noted all sort of garbage companies have been running up recently. One should never allow the current price of a security to validate a position. The 'old' news you refer to from Auric has to do with the character of management. Since it's the same management, it's not old news. I notice that that the rights offering seems to have been delayed. Yet another quarter where revenues got pushed into next quarter. It seems like that's the story every quarter, yet every quarter revenues decline. I'll probably see if I'm able to borrow shares on Monday. I believe it's time to start building a short position in this dog. Barb

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