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Technology Stocks : Osicom(FIBR)
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To: jimburford who wrote (560)2/23/1997 2:12:00 PM
From: Roger Brown   of 10479
 
I just checked out CAYN....AS of 9/96 they have A NEGATIVE SHAREHOLDER EQUITY...Since inception, they have ost ~$100 MM....Since looking at stocks over the past year, I have NEVER come across this....Basically, this means that tsangibally, the company has little value....Of course, book value can have all shades of meaning but i'd strongly advise really checking out the Statement of CAsh Flows and the Balance Sheet (the latter looks very bad IMO)....

Hope it works out well for you...What's so special about it now since they have done well at losing money so far?????
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