To: David Pawlak who wrote (3028 ) 11/16/1997 12:37:00 PM From: Hiram Walker Read Replies (3) | Respond to of 10479
David, another post for you. Earlier this year, I posted several replies which contained remarks about Osicom Technologies,Inc. which I knew to be untrue. Those remarks include the following: I said, 'Find the link to the WSJ article about Mafia connections to Wall Street about 6 months ago,' I now acknowledge that the Wall Street Journal article did not suggest any connections between the Mafia and Osicom Technologies, Inc. I said in reference to Asia Broadcast and Communications Network(ABCN), 'shades of Robert Vesco.....this S-3 indicates that this company is in pretty close with FIBR.....Seems they are robbing FIBR.' I now acknowledge that I had no knowledge of impropriety of any kind regarding ABCN, and I acknowledge that I had no knowledge of the relationship--'close' or otherwise--between ABCN and Osicom Technologies,Inc. I said 'Did you see the television story on market manipulation on 20/20?,' implying that Osicom had been mentioned, either directly on indirectly in such a television program. I referred to Osicom 'coming up with some sort of bogus breakthrough, that is definitely misleading if not totally inaccurate.' I acknowledge that I had no basis up which to judge the new products offered by Osicom. I said that Osicom had 'laid low for about 6 months,then BLAM. I suspected this would happen, and they would be associated with a shell company offshore.' I acknowledge that I had no knowledge that Osicom had 'laid low' at any time, or that they were then or now associated with any 'shell company offshore.' I described myself as a 'market historian'. I acknowledge that I am not a professional market historian, nor do I have any professional training in the finance analysis of public companies. I acknowledge that all of the foregoing statements were false at the time I made them, and continue to be false to the best of my knowledge. I apologize to all of you who were mislead by my false remarks, as well as to Osicom Technologies, Inc.,and its shareholders for any damage to the Company's reputation which my false remarks may have caused. Time to lay this one to bed. Hiram