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


To: Mama Bear who wrote (3558)12/14/1997 3:02:00 PM
From: Mila Hanson  Read Replies (4) | Respond to of 10479
 
A couple other notes from Friday's shareholder meeting:

Before the meeting opened I had a chance to talk to Xin Cheng about the Gigamux NASA testing. He said Gigamux had zero errors. ZERO --- Isn't that great!!!!
Generally during trial testing it is normal to have a certain % of errors; of course this would mean changes to design, corrections, delays, etc.

One of the brokers, I think he is from Smith-Barney, asked how big is the the market for Gigamux (short haul) versus Ciena's long haul DWDM. John Gorman's answer was that it was the same. Broker then said something to the effect that a simular market cap is achievable and that FIBR would be a $285 stock. Everybody laughed. (They probably have all read David's post # 3467.) IMO it is not that unrealistic considering that Ciena had only one product and two customers last year and was able to achieve such results. By comparison, Osicom has three new great products coming on the market next year.

Mila