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

To: Michael Hoffman who wrote (3031)	11/16/1997 2:07:00 PM
From: William T. Katz	Read Replies (3) \| Respond to of 10479

Michael, I've been on the sidelines for a while, watching FIBR drop to nearly 2. Someone said that it was the institutions that moved stocks and that's why all these people that have seen FIBR products can't move the stock. That is just plain dead wrong. Institutional investing in FIBR is probably non-existant due to its extremely low market cap and other question marks. At almost $2, even private investors like me could have picked up 20,000 shares if we wanted, and I believe there are lots of investors [like lisa .. or maybe like lisa a year ago :)] that have lots more cash than me. Look at the volume and you can see that very very few people were buying in until the stock buyback was announced. As I said before, I'll wait until the earnings announcement. At this point, everything is unknown save the fact that they have some good products. But good products may not save a company. There are lots of examples of a company going down when they had good products. And we really can't just select a few out of the hundreds (?) of products that FIBR has to sell. The big question in my mind is the inaction of the insiders. And I don't mean using company $$ to buy back the shares. I'm talking about their own money to buy back their shares. If Microsoft went down to almost book value for some incredible reason, you'd probably find Gates buying away regardless of how many shares he already owns. Why aren't FIBR insiders buying like crazy and making that public? And if he's strapped for cash, I'd like to see a second mortgage so Par can buy more shares :) Could it be that all FIBR people are just strapped for cash and getting margin calls? Could be. But to me, it just adds another "?" to the overall FIBR profile. I really hope everything turns out OK for David and Lisa's sake (and all other longs on here). But I just don't have the "faith" that is required, even though I realize that with risk comes reward. -Bill