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


To: craig crawford who wrote (5866)3/9/1998 2:12:00 AM
From: Grantcw  Read Replies (1) | Respond to of 10479
 
Craig,

My opinion is even if FIBR had the greatest products in the world management would find a way to screw you shareholders for their own benefit.

This is our constant argument. We'll soon find out. Let's try to enrich this thread by staying away from the management battle instead of wasting both our time.

Here's a question for you. Do you deny that Osicom has sold a few Gigamux's to banks in California? They have a deployment agreement with that disaster recovery group in Europe. With sales of only 30 million, selling to a few banks each quarter will definitely impact sales even if it doesn't look so pretty. If they can sell a couple of million each quarter to banks, which doesn't seem impossible, revenues could start growing at a somewhat decent clip. Earnings would grow along with it and we would have a decent growth stock on our hands. FIBR had positive earnings this quarter and a couple of more quarters of earnings growth would really make this company seem more like an investment to more people. What do you think? Do you think that even a few banks won't buy the Gigamux?

Grant