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

To: Ploni who wrote (10204)	12/14/1999 2:32:00 PM
From: Sir Auric Goldfinger	Respond to of 10479

Please, Chuck, spare us the horsepuckey.

To: Ploni who wrote (10204)	12/14/1999 4:11:00 PM
From: Afaq Sarwar	Respond to of 10479

Hatchet Job (per usual) but now it does not work! Here is nice critique of the Bloomberg story from RB: ragingbull.com Hatchet Job (per usual) What "concerns" me, since you asked, is why a reputable news organization like Bloomberg, with financial savvy, would entirely omit the CALCULATION OF THE SALE PRICE and produce an un-bylined piece like this. The shares were sold at a price calculated by looking at the five-day trailing average prior to the binding letter of intent that was signed between the parties (on 11/5). NOTE TO BLOOMBERG REPORTER: The signed letter of intent is a Contract, and it bound the parties to the terms set forth in it. Had the price dropped, guess what? FIBR Holdings would have had to buy at 11.038. Instead the price rose, and, yes, the four folks are likely to recieve a handsome payout for their investment. A more newsworthy story might have been that the letter was signed on 11/5, and the volume was over 2.5 million with heavy upward movement. Next day, almost 1.5, still upward movement....close to a million for most of the next week... Jeez, you think maybe some word got out???? Also, the rapid price movement essentially started on or about that day...I suspect that this, too, is not a coincidence. Maybe a "news" report could help us understand who all the new buyers are, with volume soaring and price moving up as rapidly. (Or, I guess, they could just go for a catchy, misleading headline, too....heck, that's editorial discretion). Sidebar, the 11/5 letter agreement, from what I can tell, did not contain any confidentiality restriction (though a side agreement may have). Do you really think that there is any surprise in the volume and price movement after such an event? Do you need to be a rocket scientist to guess that these folks are talking to others, and the others are ending up on the buy side? Sure, Bloomberg is technically correct, and the closing did not take place until 12/1, which bloomberg reports as the day of the transaction....but if they were trying to tell the WHOLE story, they could have done a lot better. Now, on the other hand, if they were trying to do a hatchet job, they did pretty good (but they left out that FIBR paid the investment group legal fees and closing costs....I suspect the update to the article will come, adding those details and thereby generating run #2 on the wires.) Can't wait to hear what Byron and Alpert can do with this...the possibilities are endless. Bottom line: The BW junk, and this, have done VERY LITTLE to stop steady price and volume movement. Shorts, you are runnin' outta time..... I remain, fibr_follower

To: Ploni who wrote (10204)	12/14/1999 6:04:00 PM
From: Shivram Hala	Read Replies (2) \| Respond to of 10479

Very interesting. Very very interesting. So much so that it is beginning to stink. Why sell about 8% of the company esp. a day before the earnings are reported. Is this a private deal between par and FIBR Holding LLC. What does FIBR get in return "Andersen Weinroth also agreed to help Osicom recruit senior officers and directors. For each officer recruited, Andersen Weinroth will get 75,000 two-year warrants to buy Osicom stock at the same price as the officer's options, as well as unregistered stock valued at 10 percent of the officer's first year's compensation. " Also Agreed !??? IN addition to playing the role of recruiters what else have they agreed to. This deal stinks to high hell. Thanks, Charles S. Stein, just what I needed on a down day.