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

To: Dennis G. who wrote (7579)	7/18/1998 12:07:00 AM
From: Dennis G.	Respond to of 10479

Forgot to mention that John Gorman said that CSFB did NOT have knowledge of this reverse split and that they have not yet converted. Dennis

To: Dennis G. who wrote (7579)	7/18/1998 11:17:00 PM
From: Ploni	Read Replies (2) \| Respond to of 10479

Mcameraman posted on Ragingbull.com: "I just spoke to John Mason. He ... didn't know why everyone seemed to be upset about the split. Osicom didn't think it was bad news." You posted: "I myself just had a long talk with John Gorman .... [S]hort term they realized it would be viewed negatively..." Either you or Mcameraman have not accurately reported these conversations, or else one of you was fed a lie. How do you two feel about that? I personally don't like being lied to under any circumstances, and especially not when my money is at stake. The bottom line is that only an incompetent imbecile would not know that a reverse split is almost always extremely damaging to a stock price, and has often led to the complete breakdown of a stock. There is no excuse for a reverse split solely on the hope that "then maybe some institution might buy some of our stock." * * * I think you had it right when you posted about Par Chadha: "I have this feeling he'd rather drive the company into bankruptcy and take all the shareholders down with him than have to face the fact that he is THE PROBLEM!" I think this reverse split is the equivalent of a group self-immolation.