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


To: Scott Ozer who wrote (4649)1/23/1998 10:11:00 PM
From: CH  Read Replies (2) | Respond to of 10479
 
Scott,

You said

>>CH, I have heard of the est for the qtr to be anywhere from .08 to .11
pick a mid point at .09 or even .10 how do you view this and what would you think? If it turns out to be .10 I say the products must be selling pretty well, wouldn't you?

I do not have any insider figures to tell you that Osicom did not make 0.11 for Q4, it is purely my opinion based on assumption that

1. Not much improvement in GP percentage of their existing business because the sales of those three stars are not material yet;

2. The so-called record sales would not reach a level like $50m for this quarter to bring them a EPS of about 0.11. If they hit $35m - 40m, which is not bad in my opinion, they can only breakeven.

Where do you get the estimation, if it is coming from BI Research, based on their previous recommendation which make me buy this share at a higher priced in the range of $8 - $11, I PERSONALLY would not have much faith.

CH