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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: Mr. Pink who wrote (9157)6/29/1998 3:59:00 AM
From: PaperChase  Read Replies (1) of 42804
 
Pinky. The $53 million in accounting charges last quarter are going to hide the sins of MRVC for sometime. Are you willing to wait 8 to 12 months for the big fall? It may take even longer.

The restructuring charges are total B.S. and will hide the real losses for a while. I'm sure they wrote off everything including their wife's underwear in those charges.
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