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

To: Eric D. Peters who wrote (5294)	2/10/1998 9:30:00 AM
From: bill banks	Read Replies (1) \| Respond to of 10479

from atechnical point of view this stock has acted very well. the enormous move in jan. seems to have consolidated andon a daily chart the stock is very over-sold. the pullback off the 6 9/32 print is as near to textbook as i could want (point and figure work). next move should be a move to the 6 1/2 range (i do not respect that crazy print from a week ago), which will be the reversal from a long term bearish position dating back to mid-96---would then look for stock to challenge the high single to low double digit range.. ask yourself this question-- who bought all the stock in jan. was it retail or institutional investors?? my guess, is combo with large percent on the institutional side, which is always the more educated and informed side.. follow the money it usually works