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: Kevin Podsiadlik who wrote (9513)	4/22/1999 6:35:00 PM
From: CH	Read Replies (1) \| Respond to of 10479

I had left FIBR alone for a long time because I did not know how to deal with it. The recent news bring me back here. But one interesting thing from all these class case, how can they win if Par did not misrepresent the Agreement, he did not claim that was a done deal (althought we might argue about the end effect). Is there a law that at what point of time when the company "realize" a material "contract" cannot be carried out, they should alert the shareholder, can Par claim he did not know that because his No 1 man in far east did not tell him? But one thing which in my opinion is quite easy to get Par in trouble which I think he did not pay attention to that, in most of the so-called OEM deal, even the buyer cancel the Agreement at default, it will not free the supplier to sell the product to anyone else, unless Osicom got a very favorable term. OEM means the buyer has the original idea, not the supplier even he is doing the actual design work. How can Par say he can look for other customers? His intention to comfort the scary shareholders can easily make him more trouble. Any comment? CH