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

To: David Pawlak who wrote (6636)	4/30/1998 9:20:00 PM
From: Mohammad Khan	Read Replies (2) \| Respond to of 10479

David, thanks. Your email does help to understand the S3 filing better. However, we have another interesting input at Yahoo : Joe Glaudia has downgraded FIBR, and is estimating a loss for the current and the next quarter. Any comments?

To: David Pawlak who wrote (6636)	4/30/1998 10:21:00 PM
From: Mama Bear	Read Replies (1) \| Respond to of 10479

>>>Now that the shares are registered, the shareholders have the ability to sell if they wish to. The company did not take in any additional cash as a result of this filing and this does not constitute an increase in the fully diluted share count.<<< Nice spin, but if they sell, it will be an increase in the fully diluted float, no? The damage to the share price is not done when the shares are created, but when the shares are sold and become part of supply. I think I recall you reassuring the thread in the same way when there were some S3s filed in June/July 1997. People don't file these things unless they want to sell. Barb Barb

To: David Pawlak who wrote (6636)	5/1/1998 1:44:00 AM
From: Grantcw	Respond to of 10479

David, You are right that these shares are from past agreements. The problem is that these two million shares weren't able to be sold before now, although they were able to be shorted. I doubt that the shareholders that have come from the other companies, BWAI and Uniprecision, all think that Osicom is where they want to place their money at this juncture. Some of them may, but BWAI was way different than Osicom is now. Not sure about Uniprecision. Anyways, the trick is to figure out how many shares weren't shorted before now. These shareholders that didn't previously short the stock will sell soon if they don't like the company's prospects as much as the 20 or so shareholders that post on the Yahoo boards and here. Some of them may not sell, but I'd wager that most of the shareholders will sell quickly if they haven't shorted already. It's the bet I'm taking. See ya, Grant