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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: Sector Investor who wrote (20044)4/5/2000 12:08:00 AM
From: Johnnie Memmonic   of 42804
 
Sector,

Re. "That's just plain silliness, IMO. Do you think Noam and Co. are watching the stock and doing things to prop it up? "

I certainly hope so...As a long time MRVC holder, I am sadden by the fact the Noam and company has missed a golden opportunity to grow MRVC leveraging the valuation when MRVC commands a premium near 200/sh. Noam and company has never been open about the plan for spinning off the IPOs (Zaffire, Charlotte's Web,..) to shareholders, the people who foot the bill. To me the sell off is a vote in lack of confident in MRVC management. Noam may have the technical vision but his lack of communication opens MRVC to so much guess works in the investment community that MRVC will take a nose dive even in the weakest rumor (remember Mr. Pink?). I may be a little bitter here but I invite anybody to share the plan from MRVC for the IPO plan, the company vision, etc.. We, the shareholders, need a CEO which will provide the definite business plan as why MRVC is worthy of a higher valuation than it is today and a CEO who can communicate that vision to the investment community.

Regards,
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