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

To: Bryon Bothun who wrote (9714)	5/26/1999 12:12:00 PM
From: Bryon Bothun	Read Replies (1) \| Respond to of 10479

Short interest out- FIBR: For trade date 5/11- 1471232 (April was 1705722) down 13.7% from Apr . This is a clear sign from the shorts. Either the "old" shorts have traded positions with "new" shorts who are even dumber than some of us old longs, or they intend to go for a complete kill on this one. Just 2 days before this cutoff we closed at 7 7/8 which was the near term low established after the bounce. Shorts who did not cover then have no intention of covering EVER. It is not a question of IF another raid will come, the only question is when. So I propose these two things. First, to FIBR longs, BUY PUTS! It is not enough to just be off margin or in cash. You must build a wall of support that makes it more expensive for the option traders to let it drop than it is profitable for the shorts to attack it. To the company, (and I hope someone there is listening) Sell China. And concurrent with the the IPO (which is a must also) issue each shareholder one right for each share of Osicom stock that can be redeemed at some future date (say 180 days) at a very nominal fee (say 50 cents) for one share of NSIL. The shorts are clearly looking for history to repeat itself with another mid summer swoon, DECISIVE action must be taken before this company slips forever into daytraders oblivion. JMHO Bryon

To: Bryon Bothun who wrote (9714)	5/26/1999 1:19:00 PM
From: J.B.C.	Read Replies (2) \| Respond to of 10479

I can't recall Bill giving any info on P&F for fibr, but he may have: here's a Point & Figure update: Currently the stock is trading below the Bearish Resistance Line (BRL), which is bad, right now it must trade at $19.5 to reverse that at this point. The Relative Strength (RS) is a buy in a column of O's at 0.89 and is closer to reversing to a sell at 0.25 than confirming a buy at 1.75. The stock trading pattern is forming a triangle that will confirm a bullish break-out with a trade @ $12 or a bearish break-out with a trade @ $8.5. From a point & figure perspective, you wouldn't enter a position until the stock breaks-out at $12. If you own the stock, you'ld put in a protective stop just below $8.5. Jim