Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Brian who wrote (4264)	1/18/1998 11:58:00 PM
From: Mama Bear	Respond to of 10479

Thanks to you and the others who have shown their support. I'm not worried about David C. at all. He was active on the Scam-Ex thread (OTC:BB SOLVQ) during it's rise and fall. Scam-Ex was mentioned in the same Business Week story about "Mob" stocks in late '96. After I had assured myself that FIBR was in fact a real company and was a good value I thought perhaps some of the other stocks had similar stories, and I could buy some other values. Unfortunately, all but SOLV (It added the Q to it's ticker when it declared bankruptcy) and FIBR were trading below 5, so I wouldn't bother with them. After reviewing the fundamentals it was a clear, no brainer short. On that thread I also learned of an analyst named Manuel Asensio, of Asensio and Company. Asensio is a short seller, and unlike most analysts, spends his days ferreting out scam companies like SOLV, DNA (now CYOE), AVNT, and ZONA. He engenders a lot of emotions among the longs who hold his stocks. He is blamed when the companies fail and are delisted. Rather than look at the underlying business, and the inability to grasp the reality that they made a bad choice of companies. Shorting SOLV was my second best return last year (some Avant! puts were #1), and in some small way made up for the ignominy that FIBR suffered last year. David C. doesn't understand that while an organized shorting campaign can depress the price, it can't cause the company to go out of business. Since I was a shortseller of SOLV he blames me for it's demise, and that's why he has followed me to this thread. I'm not sure how to follow the logic that because I said FIBR was a great value on the way down, but now that it's up such a huge percentage from it's low and off it's moving average that I am a short wanting to cover. It makes no sense, especially considering my postings on the Scam-Ex thread. David C. knows that I call them the way that I see them. He just has a bit of trouble discerning fantasies from reality. Once again, for a long term buy & hold position anything less than 8 is a fine entry. 8 is not an arbitrary figure, it's because I expect revenues of at least 150 million in FY99 and that would give FIBR a PSR of 1:1 on forward revenues. A networking stock is cheap with a PSR of 1:1. This may not be the best entry point for a position trade though, but that's because of the extension off of the moving averages, and the slope of the incline. That's a little different than saying SOLV is a sell because the CEO is squandering any semblence of shareholder value. Since I'm mostly interested in position trading FIBR, that's my perspective. As far as daytrading is concerned, there may be many entry and exit points during the day, you just have to wait for the day to start to find out. Barb

To: Brian who wrote (4264)	1/19/1998
From: Mama Bear	Read Replies (3) \| Respond to of 10479

Thanks to you and the others who have shown their support. I'm not worried about David C. at all. He was active on the Scam-Ex thread (OTC:BB SOLVQ) during it's rise and fall. Scam-Ex was mentioned in the same Business Week story about "Mob" stocks in late '96. After I had assured myself that FIBR was in fact a real company and was a good value I thought perhaps some of the other stocks had similar stories, and I could buy some other values. Unfortunately, all but SOLV (It added the Q to it's ticker when it declared bankruptcy) and FIBR were trading below 5, so I didn't bother with them. After reviewing the fundamentals it was a clear, no brainer short. On that thread I also learned of an analyst named Manuel Asensio, of Asensio and Company. Asensio is a short seller, and unlike most analysts, spends his days ferreting out scam companies like SOLV, DNA (now CYOE), AVNT, and ZONA. He engenders a lot of emotions among the longs who hold his stocks. He is blamed when the companies fail and are delisted. Rather than look at the underlying business, and the inability to grasp the reality that they made a bad choice of companies. Shorting SOLV was my second best return last year (some Avant! puts were #1), and in some small way made up for the ignominy that FIBR suffered last year. David C. doesn't understand that while an organized shorting campaign can depress the price, it can't cause the company to go out of business. Since I was a shortseller of SOLV he blames me for it's demise, and that's why he has followed me to this thread. I'm not sure how to follow the logic that because I said FIBR was a great value on the way down, but now that it's up such a huge percentage from it's low and off it's moving average so I think it might pull back to it's 10 day ma (now just under 4) that I am a short wanting to cover. It makes no sense, especially considering my postings on the Scam-Ex thread. David C. knows that I call them the way that I see them. He just has a bit of trouble discerning fantasies from reality. Once again, for a long term buy & hold position anything less than 8 is a fine entry. 8 is not an arbitrary figure, it's because I expect revenues of at least 150 million in FY99 and that would give FIBR a PSR of 1:1 on forward revenues. A networking stock is cheap with a PSR of 1:1. This may not be the best entry point for a position trade though, but that's because of the extension off of the moving averages, and the slope of the incline. That's a little different than saying SOLV is a sell because the CEO is squandering any semblence of shareholder value. Since I'm mostly interested in position trading FIBR, that's my perspective. As far as daytrading is concerned, there may be many entry and exit points during the day, you just have to wait for the day to start to find out. Barb