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

To: David Pawlak who wrote (3682)	12/21/1997 6:07:00 PM
From: Stephen L. Smith	Respond to of 10479

>Well, when you consider many small 401K plans only have about 5 options, spreading assets out equally amongst them would be about 20% into each one of them.< That's true. But you know as well as I that those options are typically mutual funds - which are inherently diversified. If Osicom was included in any of those mutual funds (and few, if any, funds have included it), it would more than likely be weighted at no more than 1% in the fund. So your entire exposure to Osicom would be less than a percent of the total portfolio. I stand by my previous statement -- no financial planner worth his or her salt would tell any investor - young or old - to put 20 percent, much less 75%, of a retirement portfolio into a stock like Osicom. That's gambling, not investing. I'm making this point because I suspect that the level of investment sophistication of readers of this thread is varied. This is a very high risk, high reward situation --- not something to bet the house, or your future. That being said, I'm long on Osicom, and plan to add to my position next week.