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Technology Stocks : Osicom(FIBR)

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To: craig crawford who wrote (8307)9/18/1998 3:21:00 PM
From: Ron Reynolds  Read Replies (1) of 10479
 
Sea Change

Craig,

Thank you for your response.

<<I am not saying that Osicom can't build a suitable
product for sale.>>

Pinch me! Am I dreaming? Did the real Craig Crawford
actually pen (or keyboard) these words?

Seriously, Craig...this declaration, together with your
accompanying statement questioning Osicom's ability, to
manufacture and distribute the GigaMux in a profit-
generating manner, signals a sea-change in your posture.

I happen to have the same concerns. Apparently, so does
Osicom's management. Yesterday's CC implies that the
projected restructuring is intended to address the
challenge of which you make mention.

Can current management pull it off? I have some rather
serious doubts. Undeliverable large orders might prove
to be more damaging than no orders, over the next couple
of months. There would appear to be a small window during
which time the company must somehow manage to get its
finances in order and support potential ramp-up. How they
do this absent significant gains in revenue...or additional
share dilution, is a question the finance wizards out there
will have to answer. Damned if I know...

Enjoy the weekend,

Ron
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