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

To: CMS27 who wrote (8648)	12/10/1998 12:55:00 AM
From: Dennis G.	Respond to of 10479

Which is riskier, FIBR or Russian companies? Dennis

To: CMS27 who wrote (8648)	12/10/1998 3:30:00 AM
From: Afaq Sarwar	Read Replies (1) \| Respond to of 10479

Scott, As I understand based on your statements that you do not own any shares of Osicom, nor you have shorted any. Also, that you are a businessman in HVAC area, and therefore, I would assume, do not have time to waste on meaningless endeavors. You have also made quite clear that Osicom, in you opinion, is not a worthwhile investment. But, you still find Osicom interesting. I am curious, and would like to respectfully ask a question. What motivates you to spent so much time and energy following this company so diligently. Clearly, you have every right to your opinions about Osicom and to express those opinions here. But I think it is quite rare for successful and busy people to devote so much time to issues that otherwise do not seem very material to them. Do not misunderstand me. I find an intelligently presented contrary point of view useful towards good investment. We never had much of that on this board. Especially in your case where such point of view may be unbiased too, since you do not have any financial interest in this company. As such your comments are highly unique on boards like these, and therefore potentially very valuable. I have a very significant investment in Osicom. After waiting for two years, finally I am in black. I have great hopes for the future of this company. Based on the recent developments that were discussed in the last two conference call, Osicom is potentially a billion dollar company within next 12 to 18 months, if all the strategic plans announced by the management is executed adequately. As a result my confidence level is very very high in the company and its prospects. It can be argued that negative comments, with or without any basis in fact, could hurt the company and therefore impact my investment. But for the first time, such attack do not excite fear in me. I believe that Osicom is on its way to become a very successful company, and those who had the instinct to hold on to their investment, will be rewarded handsomely. With that sentiment at heart, I am finally beginning to enjoy negative posts as well on these boards. The spam on Yahoo, I do not consider as negative posts. That is simply trash. RB is simply a reaction to that. Any way, I have enjoyed your posts when you were long during several intervals in the last two years, and I am enjoying your comments now when you not so long. I hope that at some time in the future you will find the developments at the company positive enough to become a long again. Regards, Afaq Sarwar

To: CMS27 who wrote (8648)	12/10/1998 7:21:00 AM
From: Bryon Bothun	Respond to of 10479

>>Castle Creek is a part of CSFB are they not? Aren't they a subsidary of CSFB? Castle Creek is in fact CSFB in terms of the original placement of the FIBR shares, isn't this the case?. << Castle Creek and CSFB are NOT related in any way. Marshall Capital is a sub. of CSFB. This preferred placement was split equally between Marshall (CSFB) and CCI (Castle). The S 3 listed TWO owners for this reason. Interestingly, there have been a number of other placements in companies like IFMX and SCUR by Marshall and Castle jointly. >>Yes I read the lawsuit and there was a transaction between castle creek and Orloff prior to the lawsuit and somehow out of that the lawsuit came about<< There have neve been any transactions between Orloff and Castle. FIBR redeemed the Castle shares and sold them to Orloff. Castle was opposed to this conversion and reassignment >>At anyrate it needs to be acknowledge that Orloff now has a lot of shares that apparently do not fit at all within thier portfolio and that they likely will be selling. How will the market absorb these shares?<< The Orloff placement is divided into 12 seperate "tranches" that can be converted at 30, 60, 90 etc. day intervals. The worst case scenario for conversion is another 400,000 shares. 400,000/12 is 33,333 a month. I think we can handle that. Also, Orloff CAN buy dollar denominated debt instruments, I assume that is how they catagorize this investment. Thank you for your questions, I think this board is better with thoughtful "sceptics" like you. Bryon