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Technology Stocks : Osicom(FIBR)

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To: Sir Auric Goldfinger who wrote (9002)1/7/1999 3:27:00 PM
From: Dennis G.  Read Replies (2) of 10479
 
Thanks for the news item. It basically states the obvious, it's volatile. But the company didn't release any news during it's run up. Why should it have to have news to account for the drop? Answer is, there isn't anything different. They are continuing to do business.

Look at the chart. It's pretty simple to read. It was obviously way oversold at 2. A no-brainer buy. Then it corrected to 8 where it based for a long time. I sold half there. Then it moved up pretty quickly all the way to near 19, where it was obviously way overbought. I sold out before then. Now it's correcting like it should. I bought some today. Might be the bottom or it might go lower. Take your pick.

Dennis
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