MRV Communications (MRVC) opinions? Message Board

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Technology Stocks : MRV Communications (MRVC) opinions?

MRVC 9.975

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Aug 15 5:00 PM EST

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To: WebDrone who wrote (9603)	7/28/1998 2:53:00 AM
From: signist	of 42804

Where is the smoke from burning cash? CC: management stated "They have accumulated 155 million war chest" Net 96 million on Bond issuance. My math = 59 million plus 96 million = 155 million. Where did the 59 million come from? The secondary six months ago? Did they state they expect positive cash flow next quarter? Someone please correct me if I am wrong here. I could use a smoke after today's trading. Good Luck to All, John Haven't a clue how things will go tomorrow

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