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


To: Mark[ox5] who wrote (3407)12/8/1997 8:03:00 PM
From: Ron Reynolds  Read Replies (2) | Respond to of 10479
 
I liked Par's response to the question regarding the
significance of the current NASA tests. Potential
deals with CLEX and Cable Ring customers were said
to represent a potential revenue opportunity of
$25-30 million per customer!

On the down side, I *didn't* like hearing that the
company has failed to repurchase any of its shares
and is waiting for an "advantageous opportunity." This
leads me to agree with the author of the prior post
who suggested that they most likely have no intention
of buying back any shares. And if this is the case,
it means the authorization was essentially a PR move
designed to put the skids to declining share price...
which is management by smoke and mirrors IMHO.

All things considered, however, I'm going to purchase
more shares tomorrow...

Ron