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

To: Mama Bear who wrote (4536)	1/23/1998 6:23:00 AM
From: craig crawford	Read Replies (1) \| Respond to of 10479

<< Or maybe Yahoo! profiles aren't exactly the most reliable? >> I see. So YHOO overstated FIBR's employees and understated all the other companies I listed. Come on, give me a break. I think YHOO gets there info from someone else like Market Guide or something. I don't think they calculate it themselves. << Well, it looks like insider buying to me. >> I thought you bulls said insiders were selling because of margin calls. Now your saying they are buying? You can't have it both ways Barb. FIBR was trading for more than $2.35/share on Oct 31st. If there were no fees involved then they gave themselves a nice little discount to the market price. Or am I just missing something? You guys are the ones who know this company inside out, right? Don't you think it's a little unfair that management got to issue more shares (diluting your interest) rather than buying already issued shares on the open market like everyone else has to do? Why didn't insiders buy the stock on the open market like everyone else in the world does? Considering they didn't have to register with the SEC before they did the placement for themselves do you think they will have to register to sell them? Do you think maybe insiders were selling today?

To: Mama Bear who wrote (4536)	1/23/1998 6:45:00 AM
From: craig crawford	Read Replies (2) \| Respond to of 10479

Don't you think it's strange that insiders did this "private" little transaction for themselves right before the positive news releases that propelled the stock forward? Right when the stock was near it's bottom? Stranger still that they did it on the last day of the quarter. I'm wondering if FIBR's cash position without the Reg D would be somewhere closer to $2.4 million instead of $3.4 million? I notice that FIBR only showed $1.263 million of unrestricted cash on the books on Oct 31st 1997. If you take into account the $1.0428 million that went to FIBR after the private placement by senior management and "shareholders" doesn't it appear that FIBR only had around $220,000 in unrestricted cash? Do you think management funneled money into the company through the Reg D on the last day of the quarter to make FIBR's cash position look not as pathetic? Or do you think they funneled money into the company so they would have some dough to do the share buybacks? Do you think that maybe management couldn't find anymore suckers to do more debt issuances or private placements so they had to do it themselves? What do I know, I'm just guessing, I don't do the kind of hard research that you bulls do... These are just things I have come across in the most recent 10Q. Who knows what other shenanigans I may find this company is up to in other filings.