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


To: Bryon Bothun who wrote (6648)5/1/1998 3:25:00 PM
From: mr. ed  Respond to of 10479
 
So when will the price start to go up? Will Osicom be profitable this Quarter? How are sales going?

Regards mr ed



To: Bryon Bothun who wrote (6648)5/1/1998 3:35:00 PM
From: CMS27  Read Replies (1) | Respond to of 10479
 
>>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.<<

That is if you short the shares at the same price you bought them at, right? I would think the price taken at each position effects this. How does the fact that due to the price drop the shares converted and gave them more shares at a lower price figure into this equation? They all voted to dilute the company. Which in essence devalued their yet unregistered shares. Maybe I'm being ignorant but I can't see this being an "even break one way or another" situation.

I'm not implying this registration means instantly they will sell, in that sense it could be called a non-event, yes at a matter of course they had to make them liquid. But in another sense, it is the outcome of some very important events. Those events are what I would like to better understand.

Scott