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


To: craig crawford who wrote (4708)1/24/1998 2:11:00 PM
From: Joe Wagner  Respond to of 10479
 
Since shorting OSICOM on Jan 21, you certainly have been working
the threads on SI as the Anti Osicom Spin Doctor. Even if you believe what you say, intense broadcasting of your message seems suspect.

Message 3219797



To: craig crawford who wrote (4708)1/24/1998 2:16:00 PM
From: Grantcw  Read Replies (1) | Respond to of 10479
 
Craig,

Once I can get Osicom followers to admit that up until this point
finances and the near-term financial outlook are quite weak for this
company we can move on to issues about how Osicom intends to fix these
problems.


I'll take your bait. I admit that FIBR's Balance sheet is definitely week and that some of the past acquisitions FIBR made were at least suspect.

I want to know why you personally think the Gigamux, by itself, doesn't make the company worth at least $5 a share. Please tell me of all the competitors it has and the lack of market for the product. I'd love to hear some facts.

Grant



To: craig crawford who wrote (4708)1/24/1998 3:32:00 PM
From: CH  Read Replies (1) | Respond to of 10479
 
Craig,

In your response to Robert, you are actually making two contradicting opinion, I quoted it as following :

First .......................................................

<< We make our products in china so our costs go down. >>
You and a couple of others have used the phrase "we". Are you affiliated with the company? If that's so, great!! I can get all of my questions answered then.

I hate to say it but China is one of the few Asian countries that hasn't devalued their currency! You would have been much better off to have your plant in Singapore, Malaysia, Thailand, something like that. The cost savings from currency weakness would be greater, no?

Second..............................................................

<< The only problem is that our china assets should decrease this quarter by about half. Perhaps we will not be able to borrow as much and our balance sheet may reflect the differences next quarter. >>

That's all I want to hear. Some honest depictions about how this company has many near-term issues. Once I can get Osicom followers to admit that up until this point finances and the near-term financial outlook are quite weak for this company we can move on to issues about how Osicom intends to fix these problems.

...............................................

If the first is right (which I believe so), Osicom would not get much cost saving in its (NOT OUR) China factory because Chinese Yuan is not devalued, then there is no reason that its asset (in second comment) will be half. Unless you can quoted from the Management report that they (NOT WE) booked the Chinese Asset in Thai currency.

Do not pick up those comments which are to your favor of argument but of the a valid statement, it will only make you less respectable.

Also, I would not suggest you to compare FIBR with those big names, they cannot have the same cashflow practice, or bank line, or marketing, or balance sheet the big guys. The key is, this is a high risky stock, when you hold it, you should be aware of this fact. Same case of shorting it, becuase there is no reference point, it can worth $2, $6 or $30 or my magic figure $284.

As Stewart said, there is a lot of legimate stock out there, why do you need to short a stock like FIBR, that can make you lose your pant without any clue.

With my understanding of the networking business, you should hold "some" shares of this company which you can afford to lose completely, pick up a right timing to buy this share at a price you are comfortable. Wait until it showed solid profit, then sell it at a comfortably high price which can make your early retirement.

I have no insider information to offer you, my advice here is that there is a high percentage of companies with good products and even a much better management as FIBR failed in this business. This is a tough payoff game, not everytime the better team wins.

CH



To: craig crawford who wrote (4708)1/24/1998 4:03:00 PM
From: Eddy Blinker  Read Replies (5) | Respond to of 10479
 
A challenge in the making..

Craig,

<" OK, Buzz, I sent Eddy off to ask the company how their partnership with ABCN is going.<

Sorry to report that on my way to Asia I stopped in my local and had a few beers instead. I was thinking about the scenario on hand. Ilike many points you make but my research indicates strongly that you speak with a double tounge.

I have my investments to defend and I will . Your agenda leaves me no choice as to do whatever I can, to enlighten enough people from now on in to Monday Morning so enough voices can be raised in order to have the SEC halt the trade in FIBR until the time it takes to ascertain if you and others should not be accused and prosecuted for attempting to drive a listed member of the exchange into bankruptcy.

Is that not your real agenda Mr.Craig Crawford? The scenario you are working on encompasses numerous threads on techstocks.com sites
with hundreds of shortsellers waiting upon your command to drive the stock down on Monday. One of the reasons you are up without sleep now for almost three days is that you need more momentum for the down swing when initiated so people and in particular novices of the trade sell in panic thinking to themselves better to loose some as all.

People on this thread do not realize what you have in stall for them. You tell them about 2000 shares when in fact you command over 10 fold as much and have the ears of hundreds of professional shorters who just wait for you E/Mail command. I must make a total U Turn in regards to my earlier statements, as my research over the past hours indicate to me that if not challenged now on the spot I will have to sell
my holdings or experience the share price collapse thanks to your agenda.We are not scalping are we Mr.Craig. We are talking about the chickens neck instead.

Further communications about my internet publishing effort will be posted here.

ED