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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: Sector Investor who wrote (23296)8/22/2000 7:30:56 PM
From: Sector Investor  Read Replies (1) of 42804
 
From the NT thread, an interesting article.

excerpt:

"Lots of good people bolted after the May 5 announcement," said an executive at an Ottawa startup other than Solinet, who spoke anonymously but says he was employed at Nortel at the time. "People were asking, what's in it for me? There was uncertainty among folks who had high-demand skills and talent and who had put their trust in one company, worked there five to 10 years, and now were being moved around, their future uncertain."

Message 14257524

With all the money to be made with startups via IPOs or buyouts, it's no wonder this is occurring.

However,

remember that the same thing happened to MRVC with CWNT, and also with Zuma, I think - EXCEPT that MRVC FUNDED them instead of just letting them go.

What is MRVC's $8-$10 million investment in CWNT worth now? What might it be worth in a year? Those decisions are going to pay off BIG for them.
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