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Technology Stocks : Osicom(FIBR)
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To: Grantcw who wrote (3700)12/23/1997 6:37:00 AM
From: Rodrigo Rocha  Read Replies (2) of 10479
 
I read David's comments and to those I would like to add the following: During the shareholders meeting I asked Par about both the G&A and the Selling and Marketing expense levels during the last quarter. His answer was that the settlement expenses had been about one million dollars, and the extraordinary expenses relating to the launching of the new products were "substantial". On an ongoing basis they expect Selling and Marketing to be comparable to the pri
year or about 12.5 to a max of 15 percent. I have been trying to figure what the present Q sales are going to be based in the prior history and the recent backlog anouncements, and my figures come to north of 37million. I also tried to figure wahat the IQX 200 sales would be and I figured that they could be about 1.5 million give or take 0.5 million. If they come close to 2 million the product could start taking off.
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