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

To: Mama Bear who wrote (4533)	1/23/1998 6:06:00 AM
From: craig crawford	Read Replies (1) \| Respond to of 10479

All my employee calculations are from YHOO's profile on companies. Here is the link for FIBR's profile biz.yahoo.com Maybe FIBR has fired hundreds lately to cut costs?

To: Mama Bear who wrote (4533)	1/23/1998 6:09:00 AM
From: craig crawford	Respond to of 10479

Can you explain what this means to me Barb? Senior management at FIBR are issuing themselves stock back on October 31st? Looks like FIBR management did a private placement for themselves and "shareholders" at $2.35 per share. Am I missing something? Who are the other shareholders involved? Hmmm...seems kind of strange to me. Looks like management didn't have to register this little Reg D transaction either. From the most recent 10Q ITEM 2: CHANGES IN SECURITIES On October 31, 1997 the Company issued 437,630 shares of its common stock to existing shareholders and members of senior management receiving $1,028,432 in net proceeds to be used for general corporate purposes. No underwriters received fees in connection with this security sale. The shares were issued pursuant to exemptions from registration under Rules 505 and 506 of Regulation D and Section 4(2) of the Securities Exchange Act of 1933. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Like I said a little fishy...