MRV Communications (MRVC) opinions? Message Board

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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: delmarbill who wrote (19841)	3/29/2000 10:35:00 AM
From: James Calladine	Read Replies (1) of 42804

PRICE ACTION: I don't see much conviction in the market relative to MRVC right now. Looks like everybody is in the action for the shortest term play possible. As others have listed many times before, we need a steady series of announcements about the items promised by the management. It needs to be SEEN that MRVC is actually executing, relative to the expectations. I personally feel they are, but the number of analysts covering MRVC now gives testimony to the fact that the investment community (broadly) does not trust the management of this company. That can (and hopefully will be) overcome by: -- more sophistication in things financial, learned through their association with Kleiner, Perkins -- execution of the plan in a steady, orderly and momentum building way. MRVC's currency is its share price. At the present $108.25 it's at a deep discount from the $192 of only 3 weeks ago! All that can be recovered, and much more, based on EXECUTION OF THE PLAN! Best wishes, Jim

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