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

To: Shivram Hala who wrote (8257)	9/10/1998 11:49:00 AM
From: craig crawford	Respond to of 10479

Like I said before, if it makes you Osilongs feel better to think that I am losing big money on CIEN, then so be it. I want to help anyway I can...

To: Shivram Hala who wrote (8257)	9/10/1998 11:53:00 AM
From: Mama Bear	Read Replies (1) \| Respond to of 10479

"In $ terms it's more painful to watch CIEN plummet from ~ 92 TO ~ 16 with more room downhill than to watch FIBR waft down from ~19 to ~ 2." Hmm $10k in CIEN at 92 would buy 108.697 shares, which would be worth $1729.1312 assuming someone was foolish enough to hold through a decline of that magnitude. $10k in FIBR at 19 would buy 526.3158 shares, which would now be worth $1052.6316. I'm not sure why you picked 19 for FIBR, vs CIEN's high. Perhaps you forgot to account for the 1:3 reverse split? FIBR's high is 61 1/2, and $10k at that price would buy you 162.6016 shares which would be worth $325.2032 at 2. Of course not every position is a winner, but risk reduction demands divestiture when there are too many questions about a company's ability to deliver. This has only recently become aspparent with CIEN. It has been obvious for months with FIBR. Barb