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


To: Ron Reynolds who wrote (6314)3/31/1998 11:23:00 AM
From: David Pawlak  Read Replies (1) | Respond to of 10479
 
Ron- I think what you have happening here is a significant shrinkage in the shares outstanding that are "loosely held." I can remeember late last fall when it would take 200,000 volume just to move 1/16 - 1/8. Over the last few months, there have been some very significant positions taken by some long term players (I won't specify names) who clearly understand the potential of this stock and do not jump ship when the technicals break down or some stupid rumor gets circulated.... instead, they buy on the weakness.

Because of this, I believe the volatility is here to stay for quite some time.



To: Ron Reynolds who wrote (6314)3/31/1998 1:08:00 PM
From: $Profit  Read Replies (1) | Respond to of 10479
 
When a stock is volatile in nature, the company is to blame. The reason behind this volatility is, that no one can determine the fair price. IMO no analyst is willing to cover this stock.
This does seem to be a strange stock to me. Per-Share data for mrq shows a sales of $7.60 and yet the earnings of $-1.21. What may be the reason behind it? poor pricing? Also, today they slashed the prices of one of their products. Is it good or bad? How is a stock holder to know unless there is some guidance from independent analyst. One would be impressed at the Price/Sales ratio of .59 but ...... the earnings..... that too at this level of sales ....... hmmmmmmm $1.21 (forgot that - sign). Does it say something about management? Also why is no analyst seems interested in lending their name to cover this stock? Guys think objectively. It is just not the products that make up a stock value.
Those who are long in this stock are IMO, gambling long time on this stock.
Also does someone have any projections of the sales, earnings etc. for
future quarters? The trading pattern of this stock seems to indicate to me that the stock is being shorted the minute it is allowed to be shorted.
Someone correct me if I am wrong. I am open to ideas and suggestions. To all who consider me using this on a trial basis, I do plan to sign up for the membership.

Per-Share Data
Book Value (mrq) $2.22
Earnings (ttm) -$1.21
Sales (ttm) $7.60
Cash (mrq) $0.07

Courtesy: Yahoo, a board much maligned by posters on this thread