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

To: Eric D. Peters who wrote (5669)	3/5/1998 7:21:00 PM
From: Elliott Dunwody	Respond to of 10479

Earnings have nothing to do with this puppy. Product does. And they got that.

To: Eric D. Peters who wrote (5669)	3/5/1998 7:24:00 PM
From: Ploni	Read Replies (2) \| Respond to of 10479

Here are my thoughts: (1) I thought FIBR was expected to earn much more than 0.02, so earnings were disappointing. (2) Despite telling us last quarter about a big backlog, and the expected contribution of new products beginning this past quarter, the final results showed that revenues were lower than the year before 4th quarter. This was disappointing. (3) Brooks Fiber approved the GigaMux two weeks ago, and the company made no announcement. They seemed secretive about the entire process. "What does this mean?" "This will translate into sales." "When?" "When we are paid." "When will you be paid?" "When they receive the product." "Have they ordered the product?" "Yes; we have the purchase orders." -- This seemed like a strange way of presenting the news. Why didn't they come out and say, "Brooks Fiber has approved the GigaMux, and has given us the first purchase orders?" (4) They still "can't talk about NASDAQ." (5) They allegedly have agreements with unnamed parties, which has zero credibility in my eyes. Avant! pulls this kind of secret agreement garbage all the time. How many more quarters are we supposed to hold while they say, "Good news is coming. Our new products are being approved and recognized, and will help the bottom line."