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Technology Stocks : Osicom(FIBR) -- Ignore unavailable to you. Want to Upgrade?


To: Rational who wrote (2946)11/13/1997 12:22:00 AM
From: David Pawlak  Read Replies (1) | Respond to of 10479
 
Sankar: << I believe the quarter was over on Sept 30 and they have the earnings estimates by now>>

The quarter just ended 12 days ago, October 31.

If you've followed my posts, I've stated the reasons for the shortfall in the third quarter, which is why there will be a loss. The customers that were responsible are their largest. What they are saying, is that the issues that have effected them negatively in the last 2 quarters are now resolved and they have record backlog, which may lead to record revenues and earnings which will surpass expenses leading to profitablity once again. What it also implies to me is that if those customers are back to normal ordering and they have record backlog, then the other areas of the company must have picked up steam but went unnoticed in the last 2 quarters. (just my opinion)

As far as Volpe buying stock now, it would be illegal and be considered frontrunning if they bought stock now, as they are privy to significant, non-public information.

If you are so bent on the company and it's guidence, why don't you short it on the gap up in the AM?



To: Rational who wrote (2946)11/13/1997 12:35:00 AM
From: Scott Ozer  Respond to of 10479
 
what are you talking about??? the qtr ended Holloween as was posted her many many times, please try to keep notes. I don't think 13 days is long enoughto do erns, do you? they will be reported after turkey day, please remember this.



To: Rational who wrote (2946)11/13/1997 7:35:00 AM
From: Mama Bear  Read Replies (1) | Respond to of 10479
 
>>> I believe the quarter was over on Sept 30<<<

Sankar, I have done my best to remain civil with you, but your basic lack of knowledge is amazing. Osicom's quarter ended October 31. Either you have an agenda, or you should admit you don't have a clue.

Can you please explain why an efficient market would assign a larger market cap to Solv Ex than to Osicom? SolvEx is in bankruptcy, trades on the pink sheets, and doesn't have the proverbial pot to p*** in. Don't give me this "the market knows" garbage as long as this is true.

With all due respect (and that's none),

Barb



To: Rational who wrote (2946)11/13/1997 8:18:00 AM
From: Roger Brown  Respond to of 10479
 
So david, assuming the price will not go much lower, would it not be intheir interest for shareholders to repurchase as many shares as possible at these prices, ie use thir cash TODAY and purchase all the shares that they can....We are already trading at under book value...

You mentioned access to the credit line. Didn't the statement talk about using cash on hand; there was no mention of using the credit line to access cash. What am i missing here.

Thanx, Roger...