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

To: john carr who wrote (3040)	11/16/1997 4:26:00 PM
From: David Pawlak	Respond to of 10479

John- The stock hit 2 1/16 on 11/12 twice and subsequently closed at that level. On 11/13, the lowest level it hit was 2 13/32, which was $.34 higher than the previous day's close. If it would have hit 2 1/16 on the 13th, you might say it was a "double bottom", but only if it bounced off that level on high volume. Overall though, it's really difficult to apply technical analysis to a small cap stock with virtually no brand name research coverage and is primarily a "retail investor" stock vs a "institutional stock".

To: john carr who wrote (3040)	11/16/1997 4:28:00 PM
From: lisa	Respond to of 10479

>>Or is it a harbinger of a level that we could return to.<< ok, you didn't ask me, but i wish i knew, 2 1/16 is a lower low than i thought id see Osicom in the first place. ok, the way Osicom will get back there is over my dead purse, although i went over to the 100 month chart provided by this thread and Osicom came from alot lower than 2 1/16 to an all time high in a very short amount of time.