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

To: Mohammad Khan who wrote (5674)	3/5/1998 8:23:00 PM
From: majormember	Respond to of 10479

Anyone willing to venture a guess where FIBR will open up at. Regards, Skane

To: Mohammad Khan who wrote (5674)	3/5/1998 8:27:00 PM
From: frank 3	Respond to of 10479

dear mohammad i think you will have the chance to buy on that dip tomorrow. 1.2 cents when 9+ was expected. not a good sign 2.still dont understand g+a for this qtr. 2d qtr. g+a was 4.8 mill. 3rd qtr. g+a was 4.9 mill. this qtr was 2.2 mill.did i miss something in the call. 60% reduction in fixed costs.these guys are miracle workers or creative accountants. either way that a lot of money. 3.12 mill.shares end of 2d qtr. 16 mill. shares end of 3rd qtr. 21 mill. shares end of this qtr. 40% dilution in 6 months. 4. backlog of orders decreased 5 mill. i would think if product is so hot number would go other way. i could go on but i dont want to ruin your evening. either way good luck tomorrow. regards frank3

To: Mohammad Khan who wrote (5674)	3/5/1998 9:46:00 PM
From: craig crawford	Read Replies (2) \| Respond to of 10479

<< The company just turned its Q-Q revenue & earnings growth from negative to positive... >> The company reported it's second straight quarter of year over year declines in revenues. (maybe more--2 is as far back as I have checked) How you are putting a positive spin on that I do not know. << It has cash, a good credit line... >> If the company had one dollar they would "have cash". Look at the report: ASSETS.......... ..........................................January.31.........................1998...........1997 CURRENT ASSETS Cash and equivalents................................................. $ 1,912 .....$ 4,055 Restricted cash..............................................................2,159.........1,744 Now does that look encouraging to you? << It has a good set of orders for NET+Arm chips/products >> FALSE. They said "design wins". They also said it could take 7-9 months before "design wins" are incorporated into products and they start receiving orders to ship. My take? Don't expect to see any real revenues from Net+Arm for several months. << It has a backlog of $22M.. >> Isn't this down from the last Q? Wasn't the company and people on this thread championing the great backlog last quarter? What did it amount to? A drop in sales and paltry "earnings". << It has a time lead of some quarters in both NET+Arm and Gigamux type of product lines.. >> If you ask me they tried to make listeners believe that there was no competition in the short-haul market, with the possible exception of IBM. I don't think that's the case. << All three new product linese are going after $4Billion+ market each... >> Yeah, and if I start a company that sells a diet protein drink I suppose I'm going after the $50 billion dollar weight loss market. So what. Osicom has sold products for years in "billion dollar" markets and they still manage to lose money every year.