SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Osicom(FIBR) -- Ignore unavailable to you. Want to Upgrade?


To: CMS27 who wrote (5936)3/15/1998 10:57:00 AM
From: Ploni  Read Replies (1) | Respond to of 10479
 
My trade, if I were a trader, buy now sell at 8 on a news spike. If I were you or CC I would short at 8 on the same news spike. I believe your short at 5 is a crowded party. That's why I like it as an entry for a long position.

I tend to agree, based on the support the stock has shown. It could and might erode, but it seems that it's more likely to base here and pop to 8 on news, which would be a signal for profit-taking.



To: CMS27 who wrote (5936)3/15/1998 6:27:00 PM
From: CH  Read Replies (3) | Respond to of 10479
 
Scott,

Don't be so sure about "no substantiation of the negative news", at least Barry Witz was resigned as Director of Osicom around the time of Barron's article due to his health problem, and I am pretty sure that he is still healthily and actively living and he still is a major shareholder of FIBR.

Does he still have any involvement in FIBR's business? Including unoffically?

Any way to confirm that and any clue why this was happened?

CH



To: CMS27 who wrote (5936)3/17/1998 4:10:00 PM
From: Mama Bear  Read Replies (3) | Respond to of 10479
 
>>>His financial data was incorrect.<<<

Um, so why should we believe that it will be correct this time around?

BTW, for all who emailed me, I did decide I would not be emailing out the report, but you can view a slightly earlier report by David P. at
akinrin.com It is essentially the same report, although he did goose the numbers up a few weeks later. I decided not to email it because International Grandmaster on the Yahoo! FIBR thread pointed out that .doc files can contain a virus, and I sure don't need to be accused of sending out a virus.

>>>This number could increase going forward, but not by millions, maybe a few hundred thousand here and there as needed.<<<

Why do you suppose that FIBR won't use the same financing scheme to ramp up the new products? There is a need for money, and they have shown a willingness to use this method of financing. Has their financial situation improved enough so they can get conventional financing? Do you really think a secondary is a possibility? Par said in the 12/97 conference call that (at least some of) the extra 30 million shares would be set aside to finance the ramp up. Why should I believe they won't be issued? The company doesn't have a good record of disclosure on this matter, IMO. Frankly, I'll believe they are delivering shareholder value when I see it.

Barb