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

To: David Pawlak who wrote (3488)	12/10/1997 10:09:00 PM
From: lisa	Respond to of 10479

Two threads cost more than 1, seems our product is more versitile too? Par also said in the conference call, The denial of the NMS listing would be a disclosable event, and they were still working on the situation.

To: David Pawlak who wrote (3488)	12/10/1997 10:46:00 PM
From: Mama Bear	Respond to of 10479

David, I recieved my proxy and annual report (finally)from Datek. Nothing from Waterhouse, but now I'm not sure if I'm due one as I bought those shares Nov 11, and the sale settled after the Nov 13 date of record. I'll have to call Waterhouse. In reading the proxy, Proposals 5 and 6, along with other places in the proxy, have a paragraph titled "Merger or Asset Sale of the Company". (See below) Is this standard (read CYA)language for these types of proposals, or could some deeper inference be drawn? I swear I've never seen a clause like this before, and I wonder if a buyout is imminent. >>>In the case of (i) a merger of the company with or into another corporation; or (ii) the sale of substantially all of the assets of the company; all outstanding options may be assumed or equivalent options may be substituted by the successor corporation or a parent or subsidiary thereof. In the event an option is assumed or substituted for, the option or substituted option shal continue to be exercisable as it would have been in the absence of the transaction for so long as the optionee serves as an employee of the successor corporation. If, following such an assumption or substitution, the optionee's status as a employee is terminated other than as a result of his or her voluntary resignation, his or her options shall become fully execisable and shall be exercisable for such period during which options may generally be execised under the plan by an individual who is no longer an employee.<<< Barb