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Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST

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To: gyzniwa who wrote (7166)2/24/1998 3:40:00 AM
From: Dee Jay   of 42804
 
they intentionally built up inventories so as to get product to customers faster, reducing sales lead times. They are emphasizing customer service; the headcount cuts at Xyplex excluded R & D, sales and customer service personnel.

They're working at lowering DSO; with sales in the N. American market increasing that will almost automatically come down as terms here require faster payment than in Europe where matters can stretch out for months. As the US sales rise as a percentage of the total the DSO will drop, plus they're working harder at cutting the receivables outstanding.

Dee Jay
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