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

To: craig crawford who wrote (6885)	5/19/1998 3:10:00 PM
From: Bryon Bothun	Respond to of 10479

Every financing deal has some minimum requirements. If We (FIBR holders, sorry did not mean to include you) don't want "in" we won't convert. If no one else wants "in" we won't be able to sell the rights. FIBR raises nothin and the deal is cancelled. IPOs get delayed and then cancelled all the time when the market just isn't there. The point is, with the rights offering I get to choose if I want in and if the deal doesn't go I've lost nothing. With most other methods I don't get the choice. Sure I'd like them to just give me some shares and then do an IPO but I realize this is not the best solution for FIBR because it doesn't get much cash to them (and I own them so I care). Don't you think a traditional spinoff and then a traditional IPO of a company without Par at the helm has some potential? I think that sells even easier than this, but maybe I don't want to sell at all. So give me the rights and let me decide. Bryon