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


To: craig crawford who wrote (5184)2/2/1998 8:23:00 PM
From: John Curtis  Read Replies (1) | Respond to of 10479
 
Let me first state that I've been both long AND short FIBR. Profit is profit. But I'm curious about your statement, specifically:

"Even the most worthless stocks can rise for short periods of time. The key is to follow
the money trail. You have to understand that FIBR has supported it's business by
issuing stock and forms of debt that are convertable into stock. You also have to
understand that people who give FIBR money for preffered shares or warrants or
whatever obviously want to make money. FIBR needs to attain certain levels for those
guys to make money. FIBR management (any management for that matter) knows that
they won't get more money from people through their various forms of financing if
those people can't convert their preffered/warrants whatever into cash by selling.
Hence you see FIBR climb it's way up. A convenient rise so people can convert and
go on about their merry way. I would suggest that people are converting and selling
their shares when FIBR gets above 6. Others are probably selling in the 5's."

So far what you've stated sounds like normal business survival tactics to me. However, by your tone it appears you're attempting to infer collusion between management and thosee share/warrant holders mentioned above as the reason for the recent stock rise. Or at least that's how I read it. Hmmmmmmmm......I'd buy the collusion argument, as an argument, if you backed it up with logic other than one you used, ie. a clearly decernible pattern of "pumping and dumping," that is, some sort of generally vague corporate pronouncements of future sales gains, OEM's sponsorship, etc., etc., etc., during the timeframe of this recent rise. Instead, this rise cannot be attributed to anything explicitly, or covertly, related to company activity. As far as I can tell they've been as quiet as a churchmouse.

So I tend to think the rise is more likely related to the January effect. That is, allllll those folks who bailed at year-end for tax-loss reasons, are now jumping back in, and the more of a rise that occurs, the more they want to jump back in....all in all a rather self-fulfilling prophecy, eh? But, of course, that's merely my opinion.

Regards!

John~



To: craig crawford who wrote (5184)2/2/1998 9:37:00 PM
From: Grantcw  Read Replies (1) | Respond to of 10479
 
Why? Because of some report? Have you actually read the report or have you just heard about it. Has anyone on this thread actually read the report?

From what I've heard, it's too expensive for my tastes to purchase the whole thing. I have seen excerpts from the report on the yahoo thread which included the reference to Cisco rumored to be looking to purchase Osicom or Ciena.

We will find out soon enough if Osicom is purchased IMO. Now would be the best time for a company to purchase Osicom in order to seize on the new products before they are truly introduced to the market and the price of Osicom's stock comes with a premium.

Just thought I'd voice my opinion.

Grant



To: craig crawford who wrote (5184)2/2/1998 9:38:00 PM
From: Schmoople  Read Replies (1) | Respond to of 10479
 
Craig,
I think you may be just a bit histrionic here. I for one have found this to be a great trading stock and packed away some shekels and now am on the free ride long.
What I find funny is your baseless inneuendo that somehow management drives up the price of the stock to satisfy the cravings of those converting warrants. First, you claim the company is bogus with no money on hand; then, you make the incredible and potentially libelous claim that they have the power (and obviously money) to directly drive the price of the stock up. Well, what is it? Are they broke and stupid or loaded with cash and pointlessly manipulating the stock price?
Either you are short this stock and trading hoping for a downturn, a pain in the neck or secretly long hoping to pick up cheap shares.
Whichever it is I wish you good luck but you may want to stick to facts as they make you sound more intelligent. I normally do not read your posts but thought this was by Grant. Most of what you post is a bit biased and even for the shorts cannot be trusted as the predudice in almost every word seems a bit reckless. I would suggest a more informed and objective approach. Remember the boy who cried wolf.
Cheers



To: craig crawford who wrote (5184)2/3/1998 8:38:00 AM
From: bill banks  Read Replies (2) | Respond to of 10479
 
craig,-- i actually read the report and my industry sources treat the forrester with very high regard. do i believe that fibr mgt. would sell out at these valuations? NO!!!! there is much more potential than gigamux and these people have been through wars in order to get the opportunity to become a real player in the marketplace.. the acquistions that they have made have allowed them to bring together some very knowledgeable people and by combining ideas they have brought forth some products that challenge other players that noone knew of just a few years ago. forrester is real--FORR on nasdaq, and regarded with respect similiar to frost and sullivan.. does a deal happen --who knows-- does a strategic alignment happen-- my bet is this would be the way to go..