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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: Edward Leinbach who wrote (4203)7/11/1997 8:59:00 PM
From: Grommit   of 42804
 
Wonderful post, Edward.

100% true in my opinon. We may dip a bit in stock price, but if you want to own this stock, do not let it go for a minute. Some may have jealously read past comments of those who successfully timed things in and out, but some of those timers are now watching on the sidelines or are underinvseted. Long term value forecasting is easier than short term.

On the other hand, W Bendus,
If MRVC was dumping inventory to West Hills, WH would have to report the inventory as purchases, ie a cost that goes into COGS and would erode the earnings of WH.
You should keep your accounting comments to questions instead of answers, in my opinion. And the concept of MRVC needing to dump inventory or inflate profits unethically is ridiculous for one, and there would be better ways to do it in any case. Case closed.

Grommit

PS DeeJay - I was away geting my eyes checked (doing fine, thank you) and my wife just got her's zapped also.
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