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Technology Stocks : Osicom(FIBR)
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To: frank 3 who wrote (5690)3/5/1998 11:00:00 PM
From: Grantcw  Read Replies (1) of 10479
 
Frank 3,

I hope this question hasn't been answered already, but I'll give you my take on the drop in G&A expenses.

There are two reasons. The first is that the legal problems with BWAI are over. I'm pretty sure this cost was estimated to be close to 1 million dollars either estimated in an SEC filing or in a conference call. Sorry I don't have any writing offhand.

The other reason in my opinion is the lack of any mergers and acquisitions. FIBR has been out of control with these things and the G&A can pile up with trying to merge activities.

Are these reasons good enough?

Grant
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