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Technology Stocks : Osicom(FIBR)

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To: Curtis Fox who wrote (574)3/3/1997 9:11:00 AM
From: Brett Grabowski   of 10479
 
Curtis,

I see declining tops starting with the 11 1/4 close and ascending bottoms starting with the 7 5/8 close. Their intersection is a crucial point and it looks like it is happening now. The stock will either move up and break this trend or retrace back into the lower 9's. I hope that news of the DDD news letter is true because we need it now. What is this letter anyway? Good news for the long run is that the short position grew 31% this month to approx. 750,000 shares. This is primarily the reason we are drifting lower on light volume. It will be a good time when these guys have to cover. As for the cup and handle; I don't see it.

Brett
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