MRV Communications (MRVC) opinions? Message Board

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Technology Stocks : MRV Communications (MRVC) opinions?

MRVC 9.975

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Aug 15 5:00 PM EST

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To: Duffeck who wrote (36123)	10/5/2001 8:34:34 PM
From: Sector Investor	Read Replies (1) of 42804

<<From this I get a LMNE burn rate of $13.9M per quarter>> Duff, you can't figure the LMNE burn rate that way as they front ended almost all their 2001 CAPEX in the first half of the year, following a plan to rapidly increase their level of automation. Most of that was in the April quarter I believe, and I believe they mentioned $18 million for CAPEX expense on one CC, so the numbers will be much higher than in the last two quarters of this year. The plan appeared to be 1) Automate, 2) reduce staff, 3) shift what production they could to China

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