Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Brian who wrote (7553)	7/17/1998 12:20:00 PM
From: Scott Ozer	Respond to of 10479

you have it backwards, it is 1 for 3. I suggest perhaps yo should sell into the market if you can't take it. Or hold if you think there is some value to the technology, patents, and equipment. Could this make it easier for a report to be written by CSFB or Volpe? I sugggest staying off the boards so as not to confuse yourself.

To: Brian who wrote (7553)	7/17/1998 12:23:00 PM
From: Robert Gordon	Read Replies (2) \| Respond to of 10479

"Wow, a 3 for 1 reverse stock split. This will allow Osicom to float three times as many shares and it doesn't have to ask shareholders for approval." WRONG! Please read the press release next time. Authorized shares decreased by a third as well.

To: Brian who wrote (7553)	7/17/1998 1:21:00 PM
From: P.T.Burnem	Read Replies (1) \| Respond to of 10479

On the bright side, it will allow people to short the stock again as, hopefully, it will be above 5 dollars Let's hope so, although a 3:1 reverse split may not be enough to lift the share price above $5: the stock is already down 13.40% on the news. PTB