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: kvkkc1 who wrote (34548)	7/26/2001 5:01:54 PM
From: Greg h2o	Read Replies (2) of 42804

<<Why, to hear them explain how they wrote off four times their market cap?>> no, so you can make more intelligent comments about the company.... don't you think it's fairly evident when the stock is trading at a price-to-book of .18, don't you think SOMETHING has to give? what you call "fraud", i think most would call the most severe IT downturn ever. oh, and they wrote of $6.1 bil....their market cap was (as of yesterday) $11.6 bil.... i know it's a LOT of zeros, but the math really isn't all that difficult.

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