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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: wang who wrote (228)9/28/1996 11:54:00 PM
From: Sam   of 42804
 
Wang, I appreciate your comments. I disagree with the analyst's projections greatly, based on previous performance, management direction, and the pace R&D is rolling out new or improved products. The last comment you made...<<<But could you dump it when the time comes?>>> My answer is absolutely. As much as I love this company, I seem to have a greedy side to me. Earlier this summer I unloaded every share I had with MRVC. I also took the heat on the board I was participating on for doing so. I felt the stock price had gotten way ahead of us. I also bought back all the shares I sold and quite a few extra as the price slumped back down later in the summer. Hopefully I will not have to do that again, so long as the stock price moves accordingly.
As for the question of a buyout. We discussed this on the other board a short while back (I think Dan has the numbers to go with this)
While there is always a possibility, it is extremely doubtful that MRV will be bought out based solely on cost to acquire. Who wants to be bought out now anyway?
Regards,
Sam
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