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

To: CH who wrote (6975)	5/23/1998 8:47:00 AM
From: Mama Bear	Respond to of 10479

CH, if I'm not mistaken, First Boston got the 1/2 million as an upfront fee. As it has been pointed out, with the price of Osicom below 3 1/2, they have the option of buying back the note at $9.28 million. What a deal for Osicom. Barb

To: CH who wrote (6975)	5/23/1998 1:25:00 PM
From: David Pawlak	Read Replies (3) \| Respond to of 10479

>>It is a crime that not too long time ago that Par is still claiming the company has spare bank lines and cash, how desperate they need cash!!<< How do you know they are "desperate" for cash? They do still have a very significant line of untapped credit with the banks. Has the thought ever occured to you, with 3 GigaMux evaluators in the last stage of evaluating, that they may be building up their cash reserves for a reason, such as a significant ramp up in production as a result of expected GigaMux orders? Only time will give us the answer, but with a 90 day lockout and a 22 day lookback on the recent deal with CSFB, I think we may have our answer within 2 months.