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

To: Brian who wrote (5111)	1/30/1998 7:51:00 PM
From: allen menglin chen	Respond to of 10479

Brian, I have cancelled my short order around 12pm PST. My 5.4375 order was set before the market opened (yes, 0.50 above yesterday's close). I did see FIBR would rise today since if it broke the first resistance at 5, then the next resistent is around 5.5; With today's closing price, FIBR's next resistent would be around 6. I usually wait until the 4th and 5th up day, before I'll set my sell/short orders close to the market price. Long-term FIBR will go down, but don't want to short too low to get squeez. And don't want to risk my money to long a company I cannot trust. I'll set my short order at 5.9375 Monday morning, yes 0.50 above today's close. I might cancel my order if FIBR can stick around 5.75 during Monday. Craig should send me a private message if he thinks we should set a market order :) Allen