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


To: Ploni who wrote (4357)1/21/1998 3:32:00 PM
From: Ploni  Read Replies (2) | Respond to of 10479
 
I bought back the remainder of my shares that I sold at 3 3/4, paying 5 3/4. I didn't need that $2/share, anyway...

This stock has displayed amazing momentum, especially on no news. I think word-of-mouth has had a large impact, though it's possible there is also some institutional buying.

It will be interesting to see what earnings show, and I hope we see 10 cents or more, on strong sales.

I think eventually we'll start seeing some news, which will propel the stock upwards. This news could include a NASD NMS listing, a large sale of the GigaMux, more exposure for the Net+ARM, and a settlement from Barrons.



To: Ploni who wrote (4357)1/22/1998 10:52:00 PM
From: lisa  Respond to of 10479
 
>>Lisa, You haven't sold your Osicom stock, have you?<<

Charles,
There is so much i want to say, but what can i say, except im happy as hell, im down to 15,000 shares, been day trading with a bit of success, wish i had held on to every precious share.

As far as the shorts argument goes, this Craig fellow is one brave and daring dare devel, as far as im concerned "A healthy stock is a well shorted stock", that is to say, "Shorting stock increases the number of shares that is in circulation", which is good for the longs, this makes the stock more stable, that is to say "it keeps the stock from going to high too fast and offers support in the time of need".

im buying until i return to normal levels of shares, 20m shares is nothing, more demand than supply, Fridays are "Fibrdays" from now on, hehe, grin.