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

To: Robert Gordon who wrote (3538)	12/13/1997 12:41:00 AM
From: Brian	Read Replies (1) \| Respond to of 10479

I haven't received my package yet, but the latest SEC filings stated: Par Chadha 2,426,551 (B) R II Partners, Inc. 1,107,501 R-T Investments, Inc. 93,600 Rand Research Corporation 585,858 Sharon G. Chadha 908,364 (C) Barry Witz 1,858,475 (D) Brite Lite Industries, Inc. 1,121,275 Leonard Hecht 167,392 (E) Christopher E. Sue 25,000 (F) Xin Cheng 196,945 (G) Vantage Point Venture Partners 1996 1,675,750 Humbert B. Powell III 145,097 HMS Advisors, LLC 82,200(H) All Directors and executive officers as a 3,205,475 * Less than The footnotes state that the total shares include shares held in holding companies. Note the bottom figure ALL DIRECTORS AND EXECUTIVE OFFICERS = 3,205,475 shares not 8,350,066 due to duplications of the Directors and their holding companies. Brian

To: Robert Gordon who wrote (3538)	12/13/1997 2:18:00 AM
From: CH	Respond to of 10479

Robert said >One of the top list didn't vote? > 1) Maybe the board decided not to hold a vote because they want add a new proposal (merger, sell units, on the new proxy) > 2) for some reason one of the top group of stock holders couldn't vote > 3) you fill me in I don't get it.... As far as I know, it will not be case 1). At least one of their staff called me to make sure I sent in the proxy, so I am sure they want the meeting to go. We don't need to be that skeptical, otherwise when the price goes back to $4, we may all rush to sell our stock which actually should worth $285 (someone made the valuation here a few days ago). But, I am not familar with US Company laws, why we need such a high quorum? 6.5m/17.5m equal 37%, I cannot image IBM would have 37% shareholders attending the meeting or sending in proxy, am I wrong? Also, if insufficient quorum, there is no meeting, your guys should only have a social gathering there and no vote should be carried out. Any other person attended the meeting would like to offer a clarification? CH