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Technology Stocks : Osicom(FIBR) -- Ignore unavailable to you. Want to Upgrade?


To: Sir Auric Goldfinger who wrote (10198)12/10/1999 5:40:00 PM
From: Afaq Sarwar  Respond to of 10479
 
Auric,

"You think I don't ahve a better read on what is oging on that you do?"

YES!!!

And, by the way, what is your grief with Amerindo. As far as I am concerned they are a bunch of very fine people with an excellent track record.



To: Sir Auric Goldfinger who wrote (10198)12/10/1999 8:57:00 PM
From: uhoh  Respond to of 10479
 
Audio Fartdinger don't worry you will get many more upticks Monday. So keep shorting you fool.



To: Sir Auric Goldfinger who wrote (10198)12/14/1999 2:25:00 PM
From: Ploni  Read Replies (3) | Respond to of 10479
 
It's funny that FIBR finally found success, but only after an (orchestrated?) plunge/reverse split/plunge that shook out most of the loyal long-term stockholders, who had to close margin positions in FIBR. Of course, the losses experienced by the little guys paved the way for great gains to be made by the big boys. Anyone up for a class action lawsuit?
* * *
Santa Monica, California, Dec. 14 (Bloomberg) -- Osicom Technologies Inc. sold $7.5 million of its stock to a New York investor group two weeks ago at a 42 percent discount to the market price, according to a regulatory filing.

The maker of computer networking products on Dec. 1 sold 679,483 shares to FIBR Holding LLC, a company controlled by Andersen Weinroth & Co. of New York, according to the filing with the Securities and Exchange Commission. The price per share was $11.04; Osicom's closing market price that day was 19 3/16.

The day after the sale, Osicom reported its first quarterly profit in 18 months. On Dec. 3, the first day of trading after the announcement, its stock gained 5 1/16 to 26 13/16...

quote.bloomberg.com