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

To: nghi vu who wrote (8023)	8/16/1998 1:58:00 PM
From: CH	Read Replies (1) \| Respond to of 10479

I think you are right. Even they can have the SEC filing would not blow away the shorts, just like if they can have another reverse split filing would not blow away any shorts. Furthermore, to spin off a division under the current situation would not do any good for the company, it will only make more shareholders piss them off as they will ask for further money from the existing shareholder, if the shareholders are not going to follow would face a situation that their assets being transferred in a way they might not like it. If the management is serious about the shareholders relationship, they should make some real sales, showing a clear direction of the company, and each products carrying different risk and return and then if they make the spin off, each shareholder can choose according to their own preference. With current approach, that will only create more uncertainty to the already doubtful management. I personally think even the SEC filing can be another negative impact on the existing share price if the terms on the IPO confirms to the market that the only rationale behind the IPO is to raise more money for the company. CH