Osicom(FIBR) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Osicom(FIBR)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jatin Kadakia who wrote (9515)	4/22/1999 7:13:00 PM
From: Bryon Bothun	Read Replies (1) of 10479

>>Based on customer projections, the Company expects the dollar value of monthly shipments from this agreement to be approximately US $4.0 million over the first twenty four months of the contract. Gorman continued, "The product itself is still in prototype stage. As we get closer to the ship date and are able to get a better sense of likely order quantities, we will provide more details about the likely impact of this contract on the Division's P and L." << I think if there is cause for concern on Osi's part it would be based on this statement. While it clearly says that they don't know the exact revenues it will produce, Gorman also clearly referred to the deal as a "contract". I'm no legal type, just guessing (and hurting pretty bad) Bryon

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next