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

To: David Pawlak who wrote (2944)	11/12/1997 11:45:00 PM
From: Rational	Read Replies (4) \| Respond to of 10479

David: Have you ever heard of a conflict of interest or the Chinese Wall in investment banking? That is why you won't see them buying until something is completed. Yes, I know quite a lot about Chinese Walls and also about circumventing these walls in investment banking. I have discussed these in another post. More importantly is that the company has made a statement that backlog is at record levels and that a record quarter is likely, which makes a huge statement about the reversal of a bad trend. I agree that this is a good statement. But, it says nothing about their earnings. I believe the quarter was over on Sept 30 and they have the earnings estimates by now. In stead of either announcing those numbers or (at least) indicating what those numbers are, Osicom is busy making a series of announcements that seem to be designed to divert attention from the numbers that matter to shareholders. It is very strange. Incidentally, the market is smarter than Osicom as you can see the response in the stock prices, despite the ostensibly good announcements!! It is possible that Osicom has some great announcement to be made and so block-sellers are waiting to dump at peaked prices. See, David (with due respect to your optimism and informative posts), I am taking all these company announcements with a pinch of salt. The main link between a company and its shareholders is the earnings and a prompt announcement/indication of those numbers. Unless I see those numbers, I cannot trust any other announcement from a company like Osicom because not indicating those numbers that the company already has at its disposal is a breach of trust with the shareholders, IMHO. Sankar