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

To: craig crawford who wrote (8053)	8/18/1998 10:09:00 AM
From: CMS27	Respond to of 10479

It was obvious to me that the folks who sold low were going to buy back with any sort of good news. I think that is what we basically have here. Maybe some short covering as well. Now when we get back to 5, if we do, there are many shorts who will take a position, when a short takes a position he basically is selling stock, so it moves the price down. We should get some sort of stall at 5. The time to buy is to buy now. You want to be under the shorts price so that when they finally cover the price will hopefully end up somewhee near your buy in price. You also will be positioned well below the shorts stop loss point, which will be about 5.50 to 5.75, or for a short with a position at 5, a 10%-15% loss. Of course there is good reason for them to hold FIBRD without a stop loss as it has been a star performer for shorts, so they could be willing to go deeper in a hole. But do not wait and buy above 5 , if your planning to buy, IMHO buy now . Scott