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


To: bill vickery who wrote (5563)2/27/1998 1:01:00 AM
From: David Y. Yu  Respond to of 10479
 
I got into DURA initiated by Barb's post on the Yahoo the other day.

I figured that with panic sellings and institutional computer triggers will be overcome by cooler heads and profit takers. I guess it did so far. I believe with few good news on Dura's rating will keep the momentum until Friday or further. Basically, all I did was took advantage of hype/panic selling/buying.

If I were to go long on this stock, I must do some research first. At first glance, that earning report doesn't look good. Revenue is down and also the net income. It looks as if this company has enough cash to stabilize the situation for a while but what are the other profitable products in near future? With lack of research, I don't know much at this point. That is why, at this point, I would prefer sell Friday and enjoy the profit.

On the other hand, I have followed FIBR for about a couple of months so far, and did my research following this thread, others, and info available on the net. I am now firmly convinced that this is a solid company with sound management with some fantastic products. My only reservation about OSICOM is their ability to capture the market while there is enough(?) time before someone w/ big name come in w/ similar products. (I will give about 9 - 12 months) Until then I am long on this one.