Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Scott Ozer who wrote (8360)	9/28/1998 10:29:00 AM
From: Joseph Hoane	Respond to of 10479

This, from tbonenyc on raging bull I'm posting this because I agree with most of it. << Every time i read these words: "TU Communications Selects Osicom to Meet Demands of Its Rapidly Growing Network " ...i understand, more and more, the importance of it all. Go ahead, try it...read it again. Not bad, huh? Try it again. See...see what i mean? We're on to something here, kids...and, as is evidenced by the recent stock movement(up roughly 100% in 5 trading days), it's a big'un. My question now is, what happens when we get above 5 and the stock becomes marginable and shortable again? Do we have the firepower to keep it above 5, thus giving the company a chance to get it's NMS listing, and also avoiding margin call selling(or, equally important, will the shorts have the cojones to open large positions)? Well, the way things are going, i think it is likely, as i said earlier, that we will be above 5 by the time the Media One press release hits. Do you think that press release will be firepower enough to propel us into the 8-9-10 range(or higher)? Judging by the effect of the TU press release, I think so. What about with a joint press release about the new Cisco product? What about an announcement of the sale of UniPrecision? What about an announcement of buying out CSFB? What about the announcement of details of the spin-off of the transmission and remote access divisions? What about the announcement of the details of a reworked rights offering or traditional IPO for Net+Arm including how the remaining shares will be distributed to us? What do you think those things will do for the stock price? Folks, we are sitting on a stock here that once traded at $20($60 post-split) WITHOUT the significant products that address needs in multi-billion $ markets that no one else can satisfy right now. A stock that now, WITH those products, trades at $1 and change pre-split, even after a 100% move. A company whose book value is ~$44M(twice the market cap). A company that has been doing in excess of $100M(four to five times the market cap) in sales, without any significant contributions from the flagship products that we are now seeing are being accepted by the marketplace. What does all of this mean? Well, to be honest, i can't really fathom it all right now. All i can say is, thanks god for Barron's...and thank god for the reverse split. Thank god for the Gigamux...and thank god for the Net+Arm. And last but not least, thank god for Par Chadha. I think, one day, we will ALL be singing his praises. And that brings me to a point about Par. Does anyone really think that it wasn't his intention to ultimately step aside? Does anyone think that until the products started to catch fire, giving the company the ability to do an IPO, and subsequently create the ability(incentive) to get some big-wig telecom execs to come to Osicom, there was any real way he COULD step aside? Does anyone think he was going to turn his baby over to anyone BUT such types? I don't think so. But who cares? It's happening...he'll finally be doing nothing for the company that we own shares in(whatever it's name will be)...except sitting back, relaxing, and enjoying the show. The show he conceived. And even if it is premature, i applaud him...for without him(and Elf, who turned me on to FIBR), i'd probably still be stuck in the likes of Dell, Cisco, etc., ONLY doubling my money each year...and having alot less fun. <G> Have a good weekend, all. Relax, It's Osicom Networking Made Simple >>