Fastcomm FSCX (6 1/8), base now complete. Big Upside. Message Board

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Technology Stocks : Fastcomm FSCX (6 1/8), base now complete. Big Upside.

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To: Michael Patrick who wrote (208)	9/24/1997 3:20:00 PM
From: Craig Kaltner	of 802

I doubt you are going to see any growth in revenues. This is from their own 10-Q... INVENTORIES The Company's inventory balances increased $533,000 in the current fiscal quarter. This increase is primarily attributable to increased frame relay product subassemblies required to support anticipated sales that did not materialize. The Company also purchased a significant amount of voice over frame relay product to take advantage of volume discounts offered by the original equipment manufacturer of these products. In the current fiscal quarter, the Company increased its reserve for inventory obsolescence from $500,000 to $575,000. The Company believes it will be able to ship and/or liquidate its current inventory levels profitably and that its reserve for inventory obsolescence and excess inventory is adequate.

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