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Technology Stocks : FBST -- Fiberstars
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To: stockvalinvestor who wrote (56)10/25/1997 11:31:00 PM
From: Keith  Read Replies (1) of 87
 
Just looking at this quarter's financial statement I see that over $300K was spent on R & D, as compared to $134K net income. Net income per share could easily have been .05 or even .07 had they cut back on the R & D. With the new products coming on line in the coming quarters, I think sales will accelerate and further margin improvements will occur. I plan to continue to accumulate
shares.
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