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


To: Scott Ozer who wrote (8221)9/4/1998 3:57:00 PM
From: Roger Brown  Read Replies (1) | Respond to of 10479
 
Has any of the recent convertible stock converted yet? I wonder what the diluted share number would be if FIBR reported a gain for the Q? Too bad we won't know until it does...



To: Scott Ozer who wrote (8221)9/4/1998 8:56:00 PM
From: Paul Winston  Read Replies (2) | Respond to of 10479
 
You probably did not hear right. 51 in process of evaluation. Evaluation lasts from 4-6 months. I hope that they sell to more than 30% of those that are currently in the process of evaluation. Let's say they sell to 25 @ $278,000 each by the end of the year. That's less than 7 million in revenue on this product line -- hardly replacing their current loss in revenues over the last 6 months. I hope that they have satisfied customers who want to buy or recommend the gigamux to others.

--"The Company reported a backlog of $15.2 million as of July 31, 1998, compared to $21.1 million as of the close of the prior quarter ended April 30, 1998."--

Their next quarter promises to be dismal -- worse than the last 2 quarters. However, if they have very satisfied customers then maybe they could sell a lot of gigamuxs in 1999.

--

Paul.