OSICOM TECHNOLOGIES IN INITIAL PUBLIC OFFERING
<Osicom Technologies
Inc> said it filed for an initial public offering of one
million shares of common stock.
    Osicom said it filed the registration statement on April 10
with the Securities and Exchange Commission.
    Sherwood Securities Corp proposes to act as the managing
underwriter for the offering, Osicom said.
    The company is a distributor of products used primarily to
increase data storage capacity of microcomputers, it said.
    A spokeswoman for the company said she expects the stock to
be traded on the Nasdaq exchange under the symbol <OSIC.O>.

 Reuter
