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Technology Stocks : Osicom(FIBR)
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To: CH who wrote (6975)5/23/1998 1:25:00 PM
From: David Pawlak  Read Replies (3) of 10479
 
>>It is a crime that not too long time ago that Par is still claiming the company has spare bank lines and cash, how desperate they need cash!!<<

How do you know they are "desperate" for cash? They do still have a very significant line of untapped credit with the banks. Has the thought ever occured to you, with 3 GigaMux evaluators in the last stage of evaluating, that they may be building up their cash reserves for a reason, such as a significant ramp up in production as a result of expected GigaMux orders? Only time will give us the answer, but with a 90 day lockout and a 22 day lookback on the recent deal with CSFB, I think we may have our answer within 2 months.
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