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 (7684)	7/24/1998 7:21:00 PM
From: Brian	Read Replies (1) \| Respond to of 10479

I was just on the phone with John Gorman, and he assured me that the main reason for the reverse split was so that Craig Crawford could short some more shares. <ggg> Brian

To: Brian who wrote (7684)	7/25/1998 3:30:00 PM
From: David Wise	Read Replies (2) \| Respond to of 10479

Brian, actually I'd like to see a $5 price, too - just long enough to load up. That would give them a market cap of about $36 million with revenue of over $100 million. Amazing how bad publicity can hurt a company. Not meeting estimates hurts, but you won't find many companies with revenues over $100 million and a market cap this low. If they just got back to an even price/sales ratio the stock would be over $14. Now if we could just get earnings in line and some GigaMux contracts, and then a price/sales ratio like Ciena's or other telecom stocks, we could see a split adjusted price of $400 in a year's time (I'll take $200). I wasn't able to retrieve the LA Times article, partly because I was a day late, and then it tells me that there is a problem with the AOL upgrade that prevents us from using the "Hunter" feature. What was your take on the article - positive or negative? I already saw Charles' take.