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Technology Stocks : Osicom(FIBR)
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To: Stephen L. Smith who wrote (2911)11/12/1997 11:51:00 AM
From: David Pawlak  Read Replies (2) of 10479
 
I don't see a financial crisis. When I talked to Par the other night, he specifically stated that they are not in any sort of bind. They have about $10 - 14 million in remaining credit, plus a few million in cash. I think people might be freaking out about the "substantial" loss forecasted for the 3rd qtr (they really should have clarified this or at least give some sort of estimate). I beleive it will be less than $3 million, or around $.16. The important point is that they are going into the 4th quarter with record backlog and commitments that almost assure a much improved qtr.
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