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

To: Scott Ozer who wrote (7562)	7/17/1998 4:15:00 PM
From: Mohammad Khan	Respond to of 10479

Three most important reasons: 1) 6+ price will allow many more instituations to participate in the IPO through FIBR (excercising the RIGHTS) 2) 6+ price will give current stock holders an option to excercise some of the RIGHTS using their margin accounts. Some would not use this option, however, PAR might? 3) possible NMS listing qualification Through current UPs and DOWNs, I keep on reminding myself: Don't understimate the potentials of the upcoming IPO! Scan the trades record today... there were mostly sell orders of 1000, 2000, 3000, and very very few times of 5000 shares. Lot of weak hands (might feel sorry in just few weeks) have been shaken out today...

To: Scott Ozer who wrote (7562)	7/17/1998 4:25:00 PM
From: craig crawford	Respond to of 10479

>> 1 NMS price above 5 << Not going to happen >> 3 Inst"l buying for stocks above 5 << No serious institution is going to buy FIBR on the open market. Maybe they will buy a floorless convertible in a private transaction, but not just because the price is above 5. FIBR was above 5 earlier this year and I didn't see any institutions step up to the plate. >> 4 Research reports easier for stock +5 << A $7 1/2 stock doesn't have better fundamentals than a $2 1/2 stock. Just different packaging. >> 5 Increase EPS for better comparison with peers << What EPS? I don't see any earnings. >> 6 Purchasing managers who look at stock price not concerned when +5 << So why weren't they purchasing FIBR when above 5 in January? >> 7 Smaller float harder for shorts to cover w/o moving price << I see, so the company is counting on shorts to prop up the price. Sure, that's what this company really needs. Management who is focused on busting up the shorts, as opposed to focusing on the business at hand. >> Take two weeks off from reading this board, I am. << Good idea! Bury your head in the sand and pray that management pulls a rabbit out of their hat.

To: Scott Ozer who wrote (7562)	7/17/1998 4:33:00 PM
From: Ploni	Read Replies (2) \| Respond to of 10479

When I wanted to replace Par as CEO, the stock was around 4 1/8. Now it's well below 3, and the company has -- in typical fashion -- announced something that significantly affects every shareholder without any attempt at justification. I hope that everyone who voted for Par Chadha and his cronies is happy with your selection. I don't know of a single company that has ever done well following a reverse split. A reverse split will allow Craig and others to short the stock, and it will probably soon drop below 5 post-split, which would be below 1 5/8 pre-split.