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


To: P.T.Burnem who wrote (7920)8/11/1998 1:55:00 PM
From: Mohammad Khan  Read Replies (1) | Respond to of 10479
 
P.T. Burnem,

Stop right here.

Why would Osicom go belly up? How could you even suggest?

It just shows, you DON'T know anything about the current
status of the company!

Better give a solid reason before you speak again!

CC: This goes to you as well :) nf is nf!



To: P.T.Burnem who wrote (7920)8/11/1998 9:53:00 PM
From: David Wise  Respond to of 10479
 
>>Suppose Osicom goes belly up. Will you join a class-action suit against the company? <<

Since when can you sue a company for going "belly up"? Every business comes with reasonable risks, some higher than others. If management uses prudent judgement and does not benefit at the expense of stockholders, there is nothing to sue for (even in America).

Timing leading edge technology is not always manageable. With the GigaMux, for example, if the networking, communications industry is not ready to invest now, the lead that Osicom holds in DWDM may become worthless. And if when they are ready to invest some of the giants are able to supply them, Osicom may not benefit as expected.

Fortunately Osicom is deep enough that, even if this happens to the GigaMux, other products are ready to pick up the slack. On the EN side, they already have $90 million in contracts.

The point is, don't ask if I would sue Osicom if they go belly up. There is no legal remedy, as there's no law against it. Besides, what would you recover - bellies?