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

To: David Klein who wrote (4261)	1/18/1998 7:01:00 PM
From: CH	Respond to of 10479

David, You said : >>Anyone want to fill out their predictions for Q4 and show me how they get to .10/share?? I don't see it. I agreed with you, I do not see we can turn around in Q4, all the information the company provided did not indicate that there will be significant sales of Gigamux, Net+Arm, they even did not mention that there was significant increase of sales of IQX, under such situation, we can only assume that they have a better quarter with increased sales level (because OEM customers resumed to the normal level), if I assume sales increase to 30m, GP% the same, it will be increased to 9.5m and if I assume the operating cost is not affected by the increased sales, it can maintain at 11.6m the net loss will still be 2.1m. Osicom can only be profitable if their sales of the above three items are not significant there. It is now two weeks away from quarter end, if there was significant sales over those items, management should let us know. If there was Press Release for some companies or organization agreed to evaluate the products, but no PR for product approval or even an order, this managment should not be good to minority shareholders and we should not support them. I am still long for Osicom, and I am not tempted to sell it at $5 becuase I am not satisfied with the profit yet, I expect it should be much higher than $5 when those products take off. I really do not want the share price drops back to 2 1/16 because some holders are buying with an unrealistic expectation of profit in Q4, meanwhile, how reliable is BI research's figure? I am new here, but did they make good recommendation of this share before? Anyone has any idea on that? CH

To: David Klein who wrote (4261)	1/19/1998 2:11:00 AM
From: Grantcw	Read Replies (1) \| Respond to of 10479

David, I too am a little worried about fourth quarter earnings. I would assume from what I've heard that revenues will be back between 32-36 million. I also think that the Gross Margin will be higher because at least some of the new products with high margins have been shipped in this quarter. What else could have pushed backlog to historical highs? I also remember either hearing on this thread or reading in the 10-Q that 1 million of G&A expenses were due to the settlement of the legal matters from BWAI. Taking that 1 million out of the expenses, increasing the revenues, and lowering the Cost of Goods Sold percentage gets us closer to our goal. In my opinion it will be close... Grant