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

To: Michael Young who wrote (5694)	3/5/1998 10:57:00 PM
From: James Strauss	Respond to of 10479

Same Old Tune??? >>><<FIBR earned .02 per share... Now that we are in fiscal year 1999, they expect big contributions from their major products, Gigamux, Net Arm, etc... The next few Qtrs should be very nice... : >>>I remember hearing that same line of crap almost a year ago.<<< ********************************************************************** Michael: This is what makes it different: ""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.'' Gorman added, ''The introductions of our NET+ARM(tm) connectivity system-on-silicon product and our IQX-200 family of remote access products have also been met with enthusiasm. Since its introduction in January, NET+ARM has won virtually every contract we've gone after and has already garnered nine design wins. Orders for IQX have been growing steadily, and we expect IQX's price/performance ratings and flexible architecture to help it achieve continued growth among a diverse range of customers, which already include corporate users, school districts, on-line traders, and ISPs.'' Gorman concluded, ''We expect these three product families, developed over the last 18 months, to make their first significant contributions to revenues in fiscal 1999."" Jim