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


To: Rodrigo Rocha who wrote (7869)8/7/1998 6:23:00 PM
From: CMS27  Respond to of 10479
 
I could think of a few other things that have driven the stock price down. Lets start our list with the reverse split and end it there. It could of course go on and on, but CC does such a good job of covering that angle that there is no reason for me to even try.

I for one don't like rumors and I am simply challenging this person for a source. I have never called an Osicom customer. I would just like to know who's pushing these rumors out.

Scott



To: Rodrigo Rocha who wrote (7869)8/7/1998 9:26:00 PM
From: Afaq Sarwar  Respond to of 10479
 
Mr. Rocha,

I understand and appreciate your concern and corresponding
comment. I can see how such calls may be considered nuisance,
and therefore may negatively impact potential sales by Osicom

I can see two groups of people calling Osicom's customers for
information or for other reasons. First, longs who are concerned
about the future of the company and want to learn what is going on,
but due to the fact that company is not very good at communicating
information with shareholders, are resorting to making such calls.
Second, shorts or those who do not have the best interests of Osicom
at heart, who calling these companies to hurt Osicom.

Osicom's shareholders, and those with the best interest of Osicom at
heart will see the harm such calls may cause to the company, and will
hopefully refrain from such activities. However, we cannot control
what the people in the second group do.

I do know that the management at Osicom is in the position to do a
great deal to address this problem. The management needs to start
communicating with the shareholders so that they do not have the
need to call any one other than the company itself to get all the
information they are ever going to get. If the company became more
open in its communications with the investors, this problem, if exists,
will to some extent go away.

Clearly, the company or the longs cannot do much to control the
activities by shorts, etc. But still, a more open management, and well
informed shareholders, can create an environment that will go a long
way in making it difficult for these elements to do their dirty work.

The reason I am writing this rather lengthy post because it is my
understanding that you are one of the large shareholders of Osicom.
As a such, I expect that you would be in a position to help the
company understand the need for better communication with
shareholders and the investment community. Also, with your
particular background you may be offer some help to them in
achieving that objective.

Regard,

Afaq Sarwar



To: Rodrigo Rocha who wrote (7869)8/9/1998 7:01:00 AM
From: Mama Bear  Read Replies (3) | Respond to of 10479
 
Rodrigo, I think it more likely that people not wanting to but this doggie for obvious
reasons is what is keeping the price in a downward spiral. Of course perhaps they've
come to that conclusion because of doing Lynchian style research into the company, so
perhaps you are correct.

On a lighter note, Bearon's did Osicom again this week.

"Criminal charges and two guilty pleas have been filed in a saga chronicled by
Barron's last year ("Buyer Beware!" August 25, 1997) and involving allegations
of international stock fraud and money-laundering.

Recently, the Manhattan District Attorney unsealed a guilty plea to conspiracy by
Salvatore J. Mazzeo, a New York stock broker who had figured in the article.
The story examined two of the most prolific small-cap dealmakers of the
'Nineties bull market: former SEC attorney A. Barry Witz and his sometime
partner, Parvinder S. Chadha. "

interactive.wsj.com@1.cgi?hlust/text...
for the entire story, subscription required.

Barb