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

To: David Wise who wrote (6946)	5/21/1998 10:15:00 PM
From: CMS27	Respond to of 10479

>>Does anyone know if this was a recommendation from Volpe?<< Volpe and CSFB are connected in some way. I read in it some article along the way somewhere.

To: David Wise who wrote (6946)	5/21/1998 10:17:00 PM
From: Area51	Respond to of 10479

As you may have been able to tell, my enthusiasm for FIBR is somewhat restrained. I thought the idea was sell high buy low. Why rush out this IPO when Wall Street obviously thinks this company is crap. Why don't they show Wall Street, that they can manage this business profitably and then maybe they'll be rewarded with a respectable valuation and at that point they can consider doing a secondary. They just got $8 million (or is that gone already?). They advertise they have this great ISO9100 facility (or something like that). Why can't they ramp up production over there? All I expect from this IPO, is for the Chadas and their investment broker to go behind closed doors and to emerge with big smiles and with their pockets full of stock options and IPO fees respectively. Disgusted, Discouraged, and tired of being Deceived (but not Dumb enough to buy more FIBR), Garry