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


To: Stewart V. Nelson who wrote (4704)1/24/1998 3:05:00 PM
From: James Strauss  Read Replies (4) | Respond to of 10479
 
Fact Or Fiction...

>>>That is exactly how stock scams works. They need a believable story that can be quickly told to the "mark" over the phone in just a few minutes. Usually only the broker wins. I could give you a hundred examples. Let the buyer beware. The biggest red flag here is the questionable past of the principal managers. Why would you take the chance? there are too many legitimate companies out there.<<<
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Stewart:

Good point about scams... That's also how professional Shorts work... They weave believable negative stories... The English newspaper that printed a retraction of their first FIBR article was probably a pawn in the hands of Shorts... Now, Barron's will have to prove the facts in their Libelous article... I don't think they'll be able to do it...

As for takeover rumors... They may or may not occurr... The real story is whether or not FIBR can sell their product and be profitable... The growing Revenues (over 100 Million), are real not hype...

The shorts have a lot to lose... So I can understand their desparation as FIBR is beginning to break out of an intermediate term downtrend... They are going to loose big money... They saw the first wave of buying come suddenly... It must have scared the pants/skirts off of them... The first human instinct is for survival... So, we can expect anything from the shorts in their last desperate attempt to plug the buying dam before it bursts...

The next shoe will drop when FIBR reports a positive Qtr and Barron's retracts its previous article... I smell fear in Shortsland...

Jim