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Technology Stocks : Son of SAN - Storage Networking Technologies
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To: J Fieb who wrote (1633)11/18/1999 9:36:00 PM
From: Joe Wagner  Read Replies (1) of 4808
 
Thanks J.Fieb! I hadn't heard of Medea. It sounds like an interesting company. I noticed the owners started Micropolis. Micropolis was a very successful company until it was sold to a company in Singapore, and went out of business with the Asian crash two years ago. The old Micropolis building is down the street from MRV Communications in Chatsworth. Just a bit of trivia for you.

The other day I posted info on OSICOM. They own 8 million shares of Net Silicon NSIL. NSIL just posted blowout earnings. It is amazing how little value is currently shown for OSICOM's DWDM product. I think this company may finally be getting into position within the next six months to rocket up to a very high price. IF NSIL goes to 30 and the Gigamux does an IPO the price could absolutely skyrocket.

Joe
Here is the article:
go2net.newsalert.com
WALTHAM, Mass.--(BUSINESS WIRE)--Nov. 18, 1999--NETsilicon, Inc. (Nasdaq:NSIL), the leading provider of system-on-chip embedded networking solutions, today reported net income for the third quarter of fiscal year 2000 ended October 31, 1999 of approximately $905,000, or $0.07 per share, compared with a net loss of approximately $1.7 million, or $0.17 per share, for the comparable prior year period. Revenues for the most recent period more than tripled to $10.1 million from $3.0 million for the same period in fiscal 1999.
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