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.

Revision History For: Optibase LTD Nasdaq OBAS

No earlier versions found for this Subject.

Return to Optibase LTD Nasdaq OBAS

Has anyone been following this company? It seems to be well positioned and has business ties to Oracle among others.

Optibase Ltd., provides high-quality, cost-effective solutions that enable the preparation and delivery of MPEG-based digital video over ATM and IP-based networks. For the fiscal year ended 12/31/98, revenues increased 41% to $20.4 million. Net income increased from $58 thousand to $1.6 million. Revenues reflect strong sales to Gilat Satellites and initial sales of MPEG 8000 and VideoPlex Pro products. Net income also benefitted from economies of scale and greater efficiency.