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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: mahler_one who wrote (41274)7/1/2003 11:14:39 AM
From: NDBFREE  Read Replies (1) of 42804
 
As I understand it Marconi basically went bankrupt with the common stock holders losing most/all their money. Company reemerged from British form of bankrupcy intack (a lot smaller I believe) with the previous debt holders owning most of the company.

Marconi has a very large installed equipment base, lots of good (and loyal) customers and a go-forward financial structure.

MRVC deal with Marconi should be good (but as you say hard to quantify how good $$ wise). Would like to see MRVC set up similiar reseller approach with Marconi's competitors which includes (IMO) Alcatel, Nortel, Lucent, etc.

Now if I (or preferrably someone else) can only figure out exactly what hardware MRVC will be supplying to Marconi.
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