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

To: Elliott Dunwody who wrote (7557)	7/17/1998 2:56:00 PM
From: Mohammad Khan	Respond to of 10479

This is what seems to be going on at FIBR currently: socool.com Someday soon.... Let's hope... It might be different!

To: Elliott Dunwody who wrote (7557)	7/18/1998 4:07:00 PM
From: Michael Hoffman	Read Replies (1) \| Respond to of 10479

Elliott and anyone left; Some info I found on reverse stock splits. Most opinions were clearly negative toward reverse splits, but not all were. Information concerning the reasons for the split would have helped a lot. I do not understand why management does not see the perils involved in a reverse split! You can also go to these sites. It's not much. e-analytics.com A quote from E-analytics: Reverse Stock Split " There is also a reverse split. This is the opposite of a reverse stock split, it substitutes one share of stock for a predetermined amount of shares of stock. It does not increase the market capitalization of the company. An example of a reverse split is the following. Assume ABC Corporation has 10,000,000 shares of common stock outstanding. Assume the market price is $10 per share. Assume that ABC Corporation declares a 1 for 4 reverse split. After the reverse split ABC Corporation will have 1/4 as many share outstanding or 2,500,000 shares outstanding. The stock will have a market price of $40. If an individual investor owned 100 shares of ABC before the split at $10 per share, he will own 25 shares at $40 after the split. In either case, his stock will be worth $1,000. He's no better off before or after. Except that the company hopes that the higher stock price will make the company look better and thus more investors will purchase the stock and the stock price will rise as more people buy it. Again, there is no assurance that a company's stock will rise in price after a reverse split. Many times it will decline. There is no way to predict what will happen. However, there has been some academic research on reverse stock splits which indicates that NYSE and AMEX listed companies that reverse split their stock do not perform well subsequent to the split. This may be so because many times a listed company on an exchange which has to reverse split its stock to do what the market won't do, is not in good shape. There is also evidence that small cap stocks which reverse split their stock and can generate better earnings receive a benefit from the reverse split. These companies are trying to boost their price into a range which is more acceptable to traders. For these companies, a reverse stock split works well." worth.com rjf.com