SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Osicom(FIBR) -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Seuss who wrote (5673)3/5/1998 8:49:00 PM
From: craig crawford  Read Replies (3) | Respond to of 10479
 
Well I listened to the conference call. Just let me know if you want to hear the TRUTH about the CC, not the rah, rah, BS from this thread.

I will have to go into detail later because I'm not up to it now, but I do want to ask the rhetorical question, "How come no one on the call asked about the progress of the repurchase program?"

1) Did FIBR buy back shares or didn't they? If not, why not? Was it possibly because they never had any intention of buying back shares?

2) They admitted that NASA wasn't a paying customer, they're just using them to test the Gigamux. No revenues have occurred or are expected from NASA. If you ask me they just used them to name drop.

3) Management wouldn't even comment on how much of their business was from Asia. They claimed they didn't know off the top of their head. What a crock. All of the other CC's I listen to management could rattle it off in nothing flat. Asia is in the news so much these days that the bozos running the company should have known that someone would want the breakdown. What a joke. What company can't answer a simple question like that?

Suffice it to say that I can't imagine anyone who listened to the conference call would want to rush out and buy FIBR tomorrow after what they heard.

I'll have more later when I get the time...