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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: whitephosphorus who wrote (24054)9/18/2000 9:27:54 PM
From: William D. Tanner  Read Replies (1) of 42804
 
This from Yahoo

Hi all,
This is a response I got from Diana from IR at MRVC. Could someone please post this at SI since I don't subscribe there. Thanks.

Dear XXXXXX:

It is not pragmatic for us to comment on the daily stock performance;
however, we feel very confident with the execution of our strategy.

We are diligently working on the Luminent IPO and the anticipated filing for
our Optical Access division. From management's perspective, we are on track
with the Luminent IPO. Obviously the timing is out of our hands until we
receive confirmation from the SEC on the refiling done last week. Once we
receive approval from the SEC, we will be able to progress with the
prospectus, road show....

In addition, Luminent, Optical Access and Charlotte's Web will be exhibiting
at the Networld + Interop Conference Sep. 26-28th.

Zaffire has just obtained its first revenue contract of $15million with
UTStarcom (Nasdaq: UTSI).

Please keep in touch, and feel free to contact me with any questions
regarding the company's direction.

*************************************
My email
Hey Diana,
I am a shareholder of MRVC for the last couple of years and had a few email
conversations with you before. Although I am used to the volatility this
stock exhibits, I am a tad nervous about the recent slide from $80 to $55
in 5 trading sessions. As far as I understand nothing has changed
fundamentally and this is the selling from acquisitions MRVC made earlier
this year. Is that correct?

Although you might not be able to comment on this due to the quiet period
for LUMN, are we still on track for the IPO? I haven't heard anything
about the roadshow or prospectus either. Any info is appreciated. Thanks.

Regards
XXXXX
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