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


To: Ploni who wrote (8800)1/2/1999 9:31:00 PM
From: Ron Reynolds  Read Replies (2) | Respond to of 10479
 
Mama Bear...

I asked what kind of fundamental numbers it would take in
order for you to stop your disparagement of Osicom. You
replied, "...the first thing they'd have to do is show an
increase in revenues."

That's an insufficient answer, Barb. Reminds me of a child
asking a parent "What do I need to do in order to be good?"
And the parent responds with something like, "You can begin
by cleaning up your room." The child cleans up his/her room
only to learn that that wasn't "good enough." Now there's
another expectation...and another after that...and the child
experiences nothing but disappointment and frustration.

I'm not a child, Barb...and neither are you. So let me
reiterate my request, with the elaborated proviso that you
spell out a complete set of fundamental conditions which, if
attained, would cause you to cease your disparagement of
Osicom. Surely, you have similar, reasonable expectations in
mind with respect to other companies. Let's hear what they are.

Thank you in advance,

Ron



To: Ploni who wrote (8800)1/3/1999 12:28:00 AM
From: Afaq Sarwar  Read Replies (1) | Respond to of 10479
 
Charles S. Stein,

Nice to hear from you after a long time. Happy New Year!

You are right. In my case I was fortunate enough to be able to buy more shares as the stock was going down, all the way down to $2. To do that I gradually had to sell all my other holdings. At the end I was 100% in Osicom, and I still am. In this process I ended up with three times as many shares as I had when the reverse split was announced. I broke even at about $8. I intend to hold at least until $50 or so, and then I will reevaluate. I expect to see $50 after or around the time of the 1st. quarter are announcement.

I am sorry that you were unable to follow a similar strategy due to the circumstances that you alluded to in your post. I hope your other investments are doing well. I would still suggest that you look at Osicom once again for a possible position. The only reason I am saying that is because if I had any additional resources I would still put in this stock. As you know, we are still below $6 pre-split.

Regardless, if you still continue to find this story interesting, it will be nice to hear more of your point of view. In comparison to all the longs and shorts here, you may have more reasons to be objective.

Regards,

Afaq Sarwar