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


To: Dennis G. who wrote (9470)4/21/1999 1:16:00 PM
From: Sir Auric Goldfinger  Read Replies (1) | Respond to of 10479
 
oh jeez...



To: Dennis G. who wrote (9470)4/21/1999 1:23:00 PM
From: CatLady  Read Replies (3) | Respond to of 10479
 
quote.bloomberg.com

A brief excerpt:

Santa Monica, California, April 21 (Bloomberg) -- Osicom Technologies Inc.'s shares soared 20 percent July 2 after the network equipment maker said a new contract to make wireless video phones was worth about $90 million.

The chief executive now says the contract to sell the phones to a Japanese company he won't identify was for only $175,000, and that the $240 devices aren't really wireless.