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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: Sam who wrote (267)10/2/1996 9:24:00 PM
From: Robert B. Gaines   of 42804
 
I was talking to my broker tonight, and we laughted at how worried
everyone is about the 3-4 dollar drop in the stock neg. cash flows,
Barrons rag article,and he reminded me how I tryed to squeeze a 1/8
on the purchase of MRVC when it dropped during the tech fallout in
Oct,1995@17-7/8 ended getting MRVC for 20.00 After that stock split3/2
then went to 80.00 back to 23.00 then to 40.00. split 2/1. Lotan
is no idiot.(so what if its a private placement) MRVC has found
their world wide partner(ELBIT). So everyone don't worry be happy!
This stock has a good ways to go on the upside.(Just wish I could
buy some more warrents @ 1-2 dollars.
Also inventories at end of 2Q 15,856M compared to 8,382@ F/Y95 building
more product boys!!! That takes CASH.

Regards

Bob Gaines
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