To: A. Geiche who wrote (6346 ) 4/1/1998 4:22:00 PM From: CMS27 Read Replies (1) | Respond to of 10479
>>Right... Just answer my questions; you dodged: "Look at today's news and look at the volume. Does it tell you anything? But do you realize to where, say, a resignation of Mr. Chadha would send the stock? What does your "logic" suggest in this regard? Isn't this because the Street .... doesn't have faith in Osicom management?"<< News that they have commitments from OEM's to impliment the Net+ARM is great. Why didn't the stock go higher on the news? Probably because this is a reaffirmation of older news. An update. Nothing really new here, it gives one encouragement that they are having success in stage 3 of the business plan. Someone suggested that it's release was intentionally concurrent with a trade show in Chicago. Makes sense to me, a good marketing ploy, a way to grab some would be customers eyeballs. Would the stock move significantly higher on word that Chadha had resigned? I don't think so. I think it would lend credibility to the negative news reports of the past and leave us adrift in the middle of a 3 staged business plan. It would get some attention sure, but it would not attract a lot of institutional investors, they need a better story than that to pile in. Like triple revenues over the previous quarter. It doens't matter if Mickey Mouse is at the helm when revenue and profit are growing like weeds. >>The stock at this dismal low is not just because the company has not shown yet any substantial revenue growth, but because serious investors, RIGHTFULLY, have no faith in the management.<< I disagree with "rightfully", certainly it takes some bravery to shake off the Barrons and BW articles. I agree this news of the past has kept many would be buyers away. Is that managements fault? In my mind the evidence was circumstantial and disconnected, so this is not managements fault. Sorry I'm going to skip answering the rest of your post. Our discussion is not really revealing anything of importance. I suggest you sell your FIBR and move on. You've listed many reasons you are unhappy with FIBR. You are convinced of everything except that you need to sell and find a more suitable investment. Well let me help you with that, SELL NOW! Then go find a stock with a nice IR department and one that is more suitbale to margin buying. I recommend a blue chip, my Ford stock has been having an outstanding year and the valuation is still very reasonable. Good luck, Scott