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


To: Optician1 who wrote (6653)5/3/1998 7:03:00 PM
From: Afaq Sarwar  Read Replies (1) | Respond to of 10479
 


On the same subject, here is a post I saw on AOL.

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Subject: Re: 2000 or less
Date: Sun, May 3, 1998 3:34 PM EDT
From: RTorneden
Message-id: <1998050319340500.PAA16287@ladder03.news.aol.com>

You are entitled to your opinion and I do understand the emotional side (frustration) with FIBR but I continue to add to my long term position. If you can get a hold of Joe Gladhue's research report (16 pages distributed in the past day or so) you could appreciate the position of another who has been frustrated but does NOT now seem frustrated. He targets FIBR at 10 within a year and the mid-20's within 2 years commenting that the timelines could be quicker but FIBR is a 1999-2000 performance story not this or next quarter of this year. My view is that if you are trading this stock, and on margin, and need an announcement every couple of weeks to stay solvent you should sell. If you are short you could lose multiples of your equity overnight, IMHO. So for me it's a 1-2+ year investment using no margin. I'm betting with Joe that they earn at least $1.10 per share next year (yes, with more shares outstanding). Enjoy the month of May!

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Afaq Sarwar