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


To: Scott Ozer who wrote (9541)4/24/1999 1:35:00 AM
From: Harlock  Respond to of 10479
 
And now for a change of pace...

AT&T to buy MediaOne.



To: Scott Ozer who wrote (9541)4/24/1999 9:22:00 AM
From: Mama Bear  Read Replies (2) | Respond to of 10479
 
I guess the article on Osicom by Bill Alpert in today's Bearon's will help cement the belief in idiotic conspiracy theories in some folks minds.

"Trouble at Osicom

Stock dives as prospect of big order fades

By Bill Alpert

Last Tuesday evening, Osicom Technologies disclosed that February orders
hadn't materialized on a contract the Santa Monica, California,
computer-networking firm had valued at $90 million in a July 1998 press
release. The next morning, Osicom shares plummeted. Nasdaq halted trading
after they'd fallen by $8, to $10.43. Trading resumed late Thursday, and the
shares closed at 6 7/8 Friday, far below their 52-week high of 28 3/4.
"

interactive.wsj.com

Sorry, it's by subscription only.

Barb