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Technology Stocks : Osicom(FIBR)

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To: craig crawford who wrote (4610)1/23/1998 4:13:00 PM
From: David Pawlak  Read Replies (3) of 10479
 
>>I seem to recall FIBR saying in their last 10Q that they had a backlog of around $20 million.
If they are running at $125 million per year in sales that's not even 1 quarters worth.
Correct?>>

As your buddy Kramer would say.... WRONG!!!

Do a little more research pal and you will find out that a very large portion of their current revenues comes in on a day to day basis and is not inclued in their backlog. In fact, I beleive that their prior record backlog was something like $11 or $13 million and that quarter they reported about $33 million in revenues if memory serves me correctly.

Have you thought that maybe the 3 major products that they've been developing over the last 15 months are starting to sell, hence the jump in backlog?
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