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

To: Dennis G. who wrote (8342)9/25/1998 10:50:00 AM
From: Scott Ozer  Read Replies (1) | Respond to of 10479
 
Short interest was up over 400,000. Perhaps they are buying in. Maybe they are becoming believers. I don't know, but I like it.



To: Dennis G. who wrote (8342)9/27/1998 11:41:00 PM
From: David Wise  Respond to of 10479
 
Dennis, at the conference call they said there are 3 groups already considering buying the Uniprecision facilities. Pricing is expected to be very good despite the Asian problems. Everyone wants a presence in China, and their economy has not been hit near as hard.

I think October is their expected timeframe for completing a deal. This sale will also make FIBR cash positive for the next quarter.

David


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