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

To: CMS27 who wrote (6647)	5/1/1998 2:32:00 PM
From: Bryon Bothun	Read Replies (2) \| Respond to of 10479

>>So what do they care for the success of Osicom, they never needed the stock to appreciate. They made plenty of money, both down and up. The fly in the ointment for them would be a rising stock price.<< Sorry to but in uninvited. If a person decides to go "short against the box", which is essentially what they have done if they indeed did short shares prior to registration of their own shares, then they have locked-in their profit and do not gain or lose when the stock moves in either direction. Their total profit is the amount they received when they went short. Any amount they gain on the long position, they lose on the short and vice-versa. The only fly in the ointment could be tax considerations which are too varied to even speculated about. I think someone that was extremely negative about the future of the company might do this rather than wait two years to pocket anything. Anyone who did not do this was basically optimistic about the companies prospects and believed the stock was more likely to appreciate than depreciate. If they weren't willing to short on the way down, when prospects were becoming dimmer by the day, why would they sell now? They needed to register these shares as a matter of procedure to make them liquid. If they are never registered and can never be sold than they really have no value, do they? My shares are liquid, I can sell them anytime but that doesn't mean I will anytime soon. This filing was a snoozer, a nothing, a non-event. The people reacting to it just don't understand what's going on. Thanks, Bryon