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

To: John Curtis who wrote (5186)	2/2/1998 8:57:00 PM
From: craig crawford	Read Replies (2) \| Respond to of 10479

People being able to buy back in after tax loss selling is probably part of it. No, management doesn't have to be involved for FIBR to artificially go up. I'm sorry if I insinuated that. I have no proof or evidence that management has done anything illegal. I just think mangement does not do what's best for shareholders. Stocks can mysteriously rise for other reasons, not just from managements actions. I don't know who is making FIBR rise and how they are doing it, I just know that I don't see any major institutional sponsorship in any of the filings. If you say that FIBR is too small to have well known holders I can point you to another small cap stock that I follow, ANCR. Their market cap is smaller than FIBR yet they have a well known bank listed as a beneficial owner (Mellon) and IBM is listed. (At least as far as I can remember. you would have to ask the ANCR zealots who exactly owns what. I just keep my eye on the company from afar). I don't see any well known institutions as holders of FIBR. Mostly just management and their private companies. There was one firm (something named LL Venture partners or something like that) and that is it. I have never heard of them before. Of course that could all change if it is happening in the current quarter and hasn't been reported yet. We will have to see. One other thing. The people pushing up FIBR only need to push it a little bit to get the ball rolling. Once it rises more than 100% in a couple weeks shorts start to cover and momentum players and daytraders jump in. This will carry the stock even higher and bring more attention to FIBR. From there momentum will carry the stock to higher levels and provide sufficient volume for people to sell their shares. Ask yourself this. What caused the move in FIBR from 6 9/32 to 3 13/16? Was it all people from this thread taking profits? Who drove the price down so fast? Who did it today? This stock was on a big roll from 3 13/16 to 6 1/2 again. Why did it sell off all the way down to 5 3/32? Just traders like Barb taking profits? If bulls can claim that short-term traders taking profits is the reason the stock can slide so fast your argument that institutional buyers are the ones that pushed it up is suspect. The bulls can't have it both ways...