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Technology Stocks : Network Peripherals (NPIX) can Lead FastEthernet market???

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To: Noblesse Oblige who wrote (100)8/19/1997 8:13:00 PM
From: slob   of 174
 
All: I'm bottom fishing for Network stocks.

I stumbled across NPIX, actually I just kind of stepped in it, but I looked at the financials anyway and now I cant get the stench out of my nose. This puppy stinks big time. Can anyone find value here? All that I can see is a company that is being mis-managed. I don't understand how anyone can expect to make money when Margin is only 40% but R&D is 20% Marketing is 40% and G&A is 10%. I could accept these numbers if the company had 100%+ revenue growth, but even that would be stretching a friendship.

If someone has a better insight into this company than please respond otherwise this looks like one sick puppy and no spot for my hard earned cash.

Any comments?
SLOB
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