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

To: mr. ed who wrote (8503)	11/24/1998 9:08:00 PM
From: Robert Gordon	Read Replies (1) \| Respond to of 10479

Osicom past and potential as written by heels on the yahoo board Why the spam? Osicom and its CEO, Par Chada, were subjected to an unbelievably negative article by Barron's in Sept. (?) of 1997. In fact, Par (who is Indian) was "cartooned" on the COVER of Barron's. Many people believe the article was planted by a well-organized group of shorters. The spam lasted from September to just recently. It was characterized by the usual: mob stock, impending bankruptcy, off-shore holdings of management, products are not real products, and so on. It worked. The stock tanked. The spammers scared a lot of investors away. Many were hurt substantially. Many were small investors. Now the spam has all but disappeared. And, funny thing, it stopped all at once, leading many of us to believe it was bought and paid for all along. Fact is, you can go to the SI board and see that virtually all posting has stopped there. Yet this past year, the SI board would witness more than 100 posts per day. You can see the ultimate spammer there, Mr. Craig Crawford, who is being sued for libel by Osicom. He's no longer around. Company history. Osicom was put together by Par Chada. The man is a very hard-nosed negotiator. It is a collection of companies, actually. . . purchased from Cray and Rockwell and others. They have "legacy" products, which provide a base of about 90 to 100 million per year. Revenue has dropped off recently, primarily because of slowed sales in the China facility (Uniprecision). Incidentally, a U.S.-based RBOC signed a contract with Osicom to manufacture digital beepers (I'm unsure of the exact product). Contract = $11, which will be realized in Q4, ending January 31, 1999. The RBOC, we believe, is U.S. West. The new products provide the action. The Gigamux is a short-haul DWDM. Ciena, for example, went to a 9 billion market cap with ONE PRODUCT, a long-haul DWDM. On CNBC a week or so ago, the CEO of TellLabs, which still might buy Ciena, said that the short-haul market for DWDM will be bigger than the long-haul market. Also, Osicom has an EPU, which I really don't understand, but according to our techies on the ragingbull board, it is quite revolutionary and is attractive serious interest at the DWDM seminars Osicom is currently conducting across the country (see Osicom.com for schedule). Further, Osicom has announced "DWDN" (note the "N," not "M"). This stands for Dense Wave Division NETWORKING. It involves incorporating the Gigamux technology in switches and routers. And when you talk "switches and routers," you're talking Cisco. At the last conference call, Par announced new deals with Cisco. . . . continued next post.

To: mr. ed who wrote (8503)	11/24/1998 9:09:00 PM
From: Robert Gordon	Read Replies (3) \| Respond to of 10479

continued As of the last conference call, the Gigamux was under active evaluation by 51 evaluators. It has already been purchased by Texas Utilities, a 7 billion company. It has already been purchased by MediaOne, the U.S. West spinoff. We believe the next conference call will reveal a major deal with MediaOne, perhaps a national roll-out with the Gigamux as the standard. We also expect the number of evaluators has increased to 70+. Many of these are CLECs. Many are RBOCs. Many are foreign telephone companies. The Belgium telephone company has already purchased the Gigamux, as has a bank in Spain. Ultimate Gigamux sales will be on the order of 20-30 million dollar contracts. That's just part of the company. We also have a wholly owned subsidiary called NetSilicon. It has developed the Net+Arm chip, which enables any electrical device to be hooked directly to the Internet. A Coca-Cola machine, for example, could have a Net+Arm chip so that its functioning, supply, temperature, etc. could be monitored and controlled from a central location. So could electric-company home meters. Right now, NetSilicon already has design wins from top printer companies (Canon, Minolta, etc.) and others. At the last conference call, the design wins totalled 30 or so (I'm doing this from memory). At the next conference call Dec. 3rd, we could see design wins anywhere from 60 to 100. The chip sells for 24 to 32 dollars in quantities of 10,000. You can do the math. How many printers will Minolta sell in a year? How many industrial control systems will Schneider (another NetSilicon customer) utilize in manufacturing? Sometime next spring, NetSilicon will be IPO'ed. We don't know what percentage will be sold to the public, but those shares not sold will be distributed to Osicom shareholders. Also, the Gigamux division will be similarly IPO'ed. Again, Osicom shareholders will receive those shares not sold. At that point, Osicom as a company will cease to exist. And Par, the CEO, will no longer be involved in the company. He will just be a shareholder (a very significant shareholder). He is bowing out because he realizes the company cannot realize its full potential as long as he is connected with it. No matter how untrue the Barron's allegations are, he will never be able to erase the stain. A courageous move on his part. So if you're interested in this company, go to the company's website. Read about the GigaMux, the Net+Arm, and other products. Read about DWDN. Study the articles touting the Net+Arm and the Gigamux. And then just wait for the fireworks. They could start next week. Good luck to you. Heels67