Osicom(FIBR) Message Board

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Technology Stocks : Osicom(FIBR)

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To: CMS27 who wrote (8139)	8/25/1998 2:33:00 PM
From: Optician1	Read Replies (1) of 10479

Value of China Facility!! I suggest anyone questioning the value of Osicom's China facilities check out the announcement today by DII Group ("DIIG"). DIIG agreed to purchase for $44 million cash plus an additional earn-out up to $40 million more a contract manufacturing facility in Guandong, China, employing 900 people having a sales run rate of $40 million per year.This purchase involves a unrelated buyer and an unrelated seller so the valuation is very interesting from as Osicom shareholder perspective! With the $90 million contract Osicom has in it's China plant plus the existing contracts/sales does it appear that there is a similar value for Osicom? Does to me. Optician1

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