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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: peacelover who wrote (7885)3/26/1998 8:18:00 PM
From: Bill Snodgrass  Read Replies (2) of 42804
 
I see there are a lot of new folks beginning to chime in with the disgust and dismay with this company. I too have been in an investor
for about two years and currently have very nearly a wash for my two years of patience. Each quarter I keep telling myself, this will be the one only to end up with some management faux pas be it timing, poor PR, or not thinking the press statements thru only to get punished again. What is the point here? How long do I stay with " dead money "and what do I think the stock will go to? Even if we double by the end of the year, my gain then will only be about the market average for the last couple of years. Will it do that? I don't think so. This is beginning to look like a very savvy management group when it comes to innovation in their business arena, but obviously inept at parleying this ability into a sustainable increase in the value of the company. This is different than profits.
Why would we expect the same crew that seriously miscalculated the inventory impact be expected to put on a road show with any better
finesse? Yes, the profits are great quarter after quarter, but so to are the management PR foul ups quarter after quarter continuing to depress the stock price. Why not acknowledge this and get some professional help? Techies can't be good in all venues.
I'm about to vote with Greg2o and peacelover. To many things are just
not making sense here.

Bill
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