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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 683.04-0.1%Dec 9 4:00 PM EST

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To: Suresh who wrote (25318)2/24/2000 3:31:00 AM
From: Johnny Canuck  Read Replies (3) of 68875
 
Suresh,

I finally heard the MRVC conference call. Wow, that has to be the worst conference call I have heard in a long time. The analysts seemed unprepared and the company's management was elusive about their investments at best. I have no idea what pieces are missing from their strategy, what their burn rate for their cash will be and what the size of the individual markets each of the start ups are going after, and why they feel they can be competitive or best of class in each division.

There were no questions about the how they saw the FOCI acquisition fitting in. No comments on the geographic separation and cultural differences of the merger elements. No commentary on any new products and the combined factory capacity.

Talk about shooting yourself in the foot with the street.

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