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

To: frank 3 who wrote (5680)	3/5/1998 9:47:00 PM
From: santhosh mohan	Read Replies (2) \| Respond to of 10479

frank 3, the reduction in G + A maybe due to use of stock or stock options to compensate employees. Yahoo for instance does this as do many other tech firms. Also, I wonder how much of their G + A expenses are incurred in the Far East and hence benefited from the stronger dollar. I think the point about stock repurchases is meaningless, because the repurchase is often done only to serve as a floor to the stock price. If the stock subsequently recovers on its own, why waste resources trying to prop it up? There was a question about the Gigamux and whether BFPT was using them. What is your interpretation of the following excerpt from the press release: Osicom's CFO, John H. Gorman, commented, ''The most important events of the fourth quarter were the launches of the Company's three new families of flagship products, each of which was met with very positive results. After successful trials by Brooks Fiber in Stockton, California, GigaMux(tm), the Company's DWDM product for the Metro market, has been added to their approved product list. As a result, Brooks is now extending GigaMux trials and deployment to other larger cities. GigaMux has also been approved for deployment by Real Time Center (RTC), based in Bern, Switzerland. RTC is an information technology (IT) joint venture of Swiss banks charged with the task of improving member banks' disaster recovery operations. GigaMux is also up and running at NASA and the Bank of BBV in Madrid, Spain. We have also entered into a teaming agreement with a multi-billion dollar electronics firm to jointly market GigaMux to certain customers. This is consistent with our strategy of gaining enhanced access to the largest potential market for DWDM equipment, and allows us to swiftly capitalize on our first-to-market position in Metro DWDM.''