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

To: Bryon Bothun who wrote (7946)8/12/1998 12:45:00 PM
From: craig crawford  Read Replies (1) | Respond to of 10479
 
What is to prevent CSFB or whomever from converting a portion, selling them after they convert so they aren't a beneficial holder of them anymore, and then converting some more? They would only be a 5% holder if they kept on converting but held onto the shares, correct?

I agree with Barb. Floorless.



To: Bryon Bothun who wrote (7946)8/12/1998 1:06:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 10479
 
Bryon, the language plainly limits the amount that can be owned, not how much can be issued.

The S-3 allows for the original owners to sell their stake. You know who lent the money, you do not, and will not know who converts.

I am not a beneficial owner when I cover a short.

The language in the filings is plain and there for all to see. It is you who is confused.

Barb


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