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


To: Grantcw who wrote (8282)9/17/1998 8:31:00 PM
From: CH  Read Replies (2) | Respond to of 10479
 
I am not that clear about Par's intention. Is that a resignation? Or he just get rid of all the "children" and be the CEO of nothing? Can anyone of you help me to understand what were actually announced in the conference call?

CH



To: Grantcw who wrote (8282)9/18/1998 5:53:00 AM
From: craig crawford  Read Replies (1) | Respond to of 10479
 
>> From what I can gather, the two most important things are Gigamux sales to MediaOne and TU <<

Wrong. Totally meaningless. A couple of orders for $557,000 is a complete joke.

>> which were wins against other large competitors <<

Wait, I thought FIBR claimed they had the only products on the market? Everyone else was 6-12 months behind? Now they are saying that they beat out companies like Lucent, Nortel, etc. $500,000 is chicken feed to Lucent, Alcatel, Nortel, etc. Osicom probably had a 90% off Labor Day liquidation sale, and sold the Gigasucks at below cost so they could name drop.

BIG win Osicon. How many UPC stickers did it cost UT and Media One and how many mail in rebates did you offer to "win" these two contracts? These two orders MIGHT be large enough to pay for the 16 gazillion conference calls this year.

>> Time to cover? Time to buy maybe? <<

Time to short more? Looks like Osicom is trying to return to it's roots. Shell companies and good old fashioned stock promotion. Of course the blockheads finally figured out that the Osicom name is so despised now that they can't offload Osicom stock to the public anymore. They have to promote new names to the public now, like Net-silly-con.

Relax it's Osi-closed...liquidations and layoffs made simple.
Stock offerings made easy
Restructurings made weekly
New all-time lows made daily
Reverse splits to go
Free banana splits at participating FIBR-DQ's with every Gigasucks sale