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


To: Joseph Hoane who wrote (5395)2/19/1998 10:18:00 AM
From: craig crawford  Respond to of 10479
 
<< Craig, you are focusing the argument on a nitty detail >>

Ahh, yes. Focusing on a company's earnings is a nitty detail. Uh huh, sure. Earnings aren't important.

<< This would show tremendous improvement over the terrible looking financials of last year >>

Hasn't this company reported small profits before? The point is they might somehow sneak in a profit here or there, but they still issue stock to keep the business afloat. Obviously there isn't any trend of earnings with this company. I have never gone through their income statements in enough detail to see if those "earnings" were mostly generated by interest from cash, or by some accounting delicacy.

<< In fact, admittedly injecting hype, CSCO trades at 17x sales. >>

C$CO doesn't trade at 17x sales. They trade at about 9x sales. Either way I don't see your point.