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

To: CH who wrote (4648)	1/23/1998 7:49:00 PM
From: Stewart V. Nelson	Respond to of 10479

CH Your last name wouldn't be CHadha would it? Just curious. regards Stewart V. Nelson

To: CH who wrote (4648)	1/23/1998 8:35:00 PM
From: CMS27	Respond to of 10479

CH, You are correct for new comers it must be very strange why Craig stirs up so much emotion. His first visit here was just as boisterous, but he had absolutley no substance. He said he was short because the tape told him the stock was going down. That was not really an unacceptable reason to take a short position. I believe TA allows for the occasional recognation and predictabliey of patterns, but it's a fleeting glimpse and those who trade by it take their wins and losses just like so called "investors". However he raised the hair on our collective FIBR necks with wreckless statements of SCAM and other allegations. In fact he will tell you that lawyers contacted him in regards to his posts and I'm sure they made the case of liable and slander quite clear. So he has returned here, no doubt because he is short, and we don't know at what total cost basis. He knows he cannot bring back his vile spew, cause that would bring back the lawyers. So he has gone over the financial data, and because it doesn't look as stable as Coke's he holds them up as reasons to SELL NOW!!. He has also treaded closer to slander and liable than I would, had I previoulsy met with Osicoms laywers. But thats not my problem. For those who have held the stock for a long period, myself included we are quite aware of what is going on at Osicom. As Craig said to me in his response, you can't count on accountants to pick stocks. Funny that it is accounting that he holds as such dear evidence to support his case. Quick summary: Osicom is a small company in the technology field. That alone should raise red flags in anyones mind. There are discussions right now, you pick your side, on the future winner of SUNW vs. MSFT. Cisco, Intel and any other heavy wieght are not always sure bets in the technology field. The lead is fleeting and the playing field ever changing. So if you haven't accounted for this aspect of Osicoms business, then you have already misjudged this stock and every other tech you own. In fact it is this very idiocyncracy that allowed FIBR to come about. Cray, the maker of super computers basically fell apart. A small division of that giant, that specialzes in high perfomance network devices suddenly became available cheap and Osicom jumped on it. A small video on demand company, remember that? It was supposed to be all the rage, any movie you wanted at anytime in your home. Well the market never materialized and a company with the technology to transmit video over a network was left out in the cold. Cheap and easy pickins for Osicom. You have of course seen and heard about video conferencing and video transmission over the internet? Hot topic lately is it not? Well Osicom has both video networking, high performance networking even fiber optic networking, even High Definition TV technology. The story of the other aquisitions are similar. Rockwell International, a well respected company decides to bow out of a business that is not within their focus. Osicom once again makes a timely aquisition. So by combining all of these pieces, some orphans, some throw aways some almost made it's and some diamonds in the rough, Osicom is now designing networking products that are lock step in time with where the internet is headed. The Cisco's and 3COMS of the world will have to develope similar products, look at Cienna and Lucent talking about some of the very things that you can call up Osicom and get today! The Gigamux, Net+ARM the IQX-200, these products have been rolled out and are first to market. There are more innovations to come as they integrate the technologies of aquired business's in the fields of wireless, sattelite, voice, radio frequency microwave and other possibilities. Your are right in not deciding on this company by this quarters numbers. These are brand new products. One good thing is the year over year comparisons of these products in 12 months from now will be amazing and just the thing that will attract lots of bullish investors. I have from the outset understood in a common sense way that the pooling of publically traded companies into one, would be an accounting nightmare. Share plans, retirement plans all combined. It was destined to be somewhat muddy, I have always expected that and I believe that the resolutions in most cases were handled well by Osicom management. We combined all of these single companies and have only 18 million outstanding shares? Even at 22 thats pretty darn good. This stock is an example of why an accountants view alone does not always indicate the value of the stock. I bought more recently in the 2 1/2 range. With all the risks and facts I have just described above and a reasonably diversified portfolio it's a damn good investment. Craig may get his TA drop and if so fine by me but I still think his character is extremly poor. Scott