SI
SI
discoversearch

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: rita labella who wrote (7808)8/2/1998 9:34:00 PM
From: Mama Bear  Respond to of 10479
 
rita, it is probably Joe Gladue, who has had a buy rating on the stock as long as I can recall.

Barb



To: rita labella who wrote (7808)8/2/1998 9:59:00 PM
From: David Wise  Read Replies (1) | Respond to of 10479
 
Rita, you just didn't read Quicken's complete message. It's there under FIBRD. Try again. This time read the whole error message if the FIBRD screen doesn't come up.

I wonder if your impatience and inability/unwillingness to read more than first lines might be related to your poor analysis of this stock....

Reminds me of Barbara Pain!



To: rita labella who wrote (7808)8/2/1998 10:01:00 PM
From: Rational  Read Replies (2) | Respond to of 10479
 
I have followed this stock for about a year. The company was formed by acquisition of unprofitable divisions of other companies. If products like Gigamux were to be very successful, Osicom could not have acquired the unit producing Gigamux so cheap.

It is not easy to improve efficiency and generate profits from a conglomerate of unprofitable units. Additionally, insiders have been selling stock soon after making good announcements.

Now, Par has bought stock from a third-party. It is hard to say what this means. Why would the third-party sell if the company was going to recover? Shouldn't Par have told the third-party to sell the stock in the open market to depress the price and then have bought the stock at the depressed price? Was this the stock Par had earlier sold to this third party with some informal condition and so he was obligated to buy?

As it is, the insider holdings have gone down in percentage of total shares. If NetARM is a great product, the company should have tried to increase value to current Osicom shareholders by selling the product. Instead, Osicom hopes to capitalize on the hype on NetARM to sell new stock under an IPO.

The company has been very successful in selling stock, but not improving value for stockholders so far. I am still watching.