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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: BlueCrab who wrote (16348)10/18/1999 11:37:00 PM
From: Dee Jay   of 42804
 
Ascend/Lucent is built on sand dredged (fully compacted and engineered) from San Francisco Bay. Though that building didn't exist 10 years ago others in the same industrial park did and only one had any damage and it was small. That's because the soils engineering report required that foundations be prestressed concrete in a manner that would ride whatever movement there was, and the walls were so engineered with that in mind.

The ground has the capability of "liquifying" with the migration of water from the water table but there were only a few "sand boils" throughout the area which also encompasses some new and recent subdivisions. I was a purchaser of a house to be built and read the soils engineering reports which specified the nature of construction required for that type of soil and also the reports which were done after the soils engineers and others investigated the damage and earth movement caused by the Loma Prieta earthquake exactly 10 years ago.

Thus, if they are in any sort of industrial park constructed in the last 15-20 years ago the buildings should take into consideration the geophysical forces likely to bear on them in all but the worst sort of earthquakes. Chatsworth isn't that far from the epicenter of the earthquakes in the San Leandro Valley (Northridge in particular) so there is some risk but if the buildings have been constructed in the last 10 years or so it will take a lot to cause severe damage to them.

IMHO

Dee Jay
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