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


To: vibaby who wrote (6716)5/11/1998 1:43:00 PM
From: Brian  Respond to of 10479
 
Vibaby:

I think you are overreacting to the FORE announcement. They simply stated that they tested the Gigamux unit and it performs well on ATM. We all knew that for a long time now, although it is nice to have the confirmation.

When FIBR actually announces multiple Gigamux sales, that would be great news, and IMO you will find the stock price jump accordingly.

The market has not been responding to Gigamux announcements for some reason. If you look at the price jumps in January, they were in response to the NET+ARM announcements. The market will respond to earnings, and FIBR has been consistantly dissapointing till now

But it gives us all another chance to buy more while it's below four.

Brian



To: vibaby who wrote (6716)5/11/1998 1:48:00 PM
From: A. Geiche  Read Replies (2) | Respond to of 10479
 
Only one news could move the stock: a new CEO.



To: vibaby who wrote (6716)5/11/1998 1:49:00 PM
From: CH  Read Replies (1) | Respond to of 10479
 
I guess it is due to the 2 million+ "new shares" under the recent S3 are there waiting for selling. Look at the list, it is really strange to me that there is a lot of "small lot" such as 2-3000 shares per each, who are those guys?
Borrowing money by preference shares or other arrangement, might look expensive to some of us, but borrowing money for $10-15K each and the company cannot pay them off by cheque, it really seems to me they are short of fund.
Those guys know why the company pay them with shares, if my guess is close, I assume all of them will cash their shares in the market.

CH