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


To: Michael Young who wrote (3510)12/11/1997 11:48:00 PM
From: David Pawlak  Read Replies (2) | Respond to of 10479
 
Possible NetArm Application.... (You guys lost me on that racing stuff!)

Think about the last time you went to a big store, like a K-Mart. Now think about all the products at that store. Think about all the items within that store that need to be marked with a price tag. From time to time, that store runs sales on some of that merchandise and the price tags need to be adjusted to reflect that sale, and if all the merchandise didn't sell out during the sale, the prices will have to marked back up. All this marking and remarking of the prices takes a lot of time, litterally hundreds of man hours per week and thousands of dollars spent each week by the store to employ those who do this.

The NetArm solution:

Envision this:
Retailers could use the NetArm chip to change prices automatically instead of having employees manually change them. At each location on a shelf you'ld have a LED display indicating the price of an item instsead of using a price changing gun to reprice each item and paying someone an hourly wage to change the item effected when the prices change. Basically, the store implants a NetArm chip into each isle that links to all the items on each shelf in each isle throughout the store. That NetARm chip is linked to the to the store's internal network and when a price change is implemented, all they have to do is make those changes on a keyboard on a computer and it is done! When a weekly sale takes place, price changes would probably take less than 1 man hour vs 10's or even 100's of man hours, depending upon how big the store is. Being that the price is shown on the shelf, when products enter the store, they won't have to be marked at all, saving thousands and thousands of dollars. The store could possibly even hook up sensors to calculate how occupied the shelf is for re-ordering purposes.

I'm beginning to see the endless possibilities of the NetArm Chip. The NetArm chip can hook up just about anything mechanical to a network for data commuications purposes. It's a 1 chip solution for networking that incorporates the hardware and all the software to connect OEM products to ethernet and internet all in 1 low cost complete solution package. According to the conference call, it can be used on industrial and building controls, automatic identification, Data communications and Internet devices



To: Michael Young who wrote (3510)12/12/1997 6:12:00 AM
From: Mama Bear  Read Replies (1) | Respond to of 10479
 
Thank you for that timely contribution. Nothing like old news to start the morning.

Barb



To: Michael Young who wrote (3510)12/12/1997 1:43:00 PM
From: lisa  Respond to of 10479
 
>>a zillion shares in Switzerland<< maybe "Switzerland Electronics" or whatever, went broke and "There Zillion" shares was not enough compensation, Duh!!!



To: Michael Young who wrote (3510)3/22/1998 2:15:00 PM
From: Michael Young  Respond to of 10479
 
This is an excerpt from a Dec 18, 1997 Business Week article regarding stock manipulation:

<<<<In another taped conversation, Belfort made a startling disclosure. According to Belfort's taped account, a company called Builders Warehouse Association Inc.--which since has become a unit of Osicom Technologies Inc.--once offered him a huge bribe in return for Stratton selling the stock.

Said Belfort: ''This guy came to me, this...kid from Utah came to me....He offered me three shares in Switzerland for every share I sold....I had like 500 brokers,'' Belfort continued. ''I could have sold a zillion shares.'' Belfort declined to discuss the alleged bribe offer. Osicom and Barry Witz, former chief executive of Builders Warehouse, did not respond to requests for comment.>>>

I guess Business Week is part of the "vast conspiracy" against FIBR?

Could this be part of the reason there has been no NMS listing?

Get your contest entries in!

MIKE