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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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From: hedgeclipper3/6/2006 2:17:11 PM
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Another Press release the Blueshirts missed…

Rollout of the OSM6500 begins…..

Feb 21 2006
mrvc.ru

Nice case study…

Business continues to look strong in Italy, a MRV strategic focus.
mrv-italy.it

Bears repeating in light of this weekend’s merger news…

Q2-05 CC

"Currently, we see three dominant players in FTTP -- Tellabs, Motorola and Alcatel. All three are among our top five customers. They supply nearly 100% of the FTTP and FTTN systems to the top three US RBOCs: Verizon, SBC and Bellsouth. In each case, we are the largest supplier of key fiber optical components in the home ONT, or optical network terminal."

One small change in the way MRV communicates was released with the Q4-05 conference call and did not seem to get much mention here. Ending a wacky and shareholder unfriendly practice of many years standing, MRVC's annual meeting of shareholders will no longer be held in December of each year.

"The Company will hold its 2006 annual meeting of stockholders on Friday, May 19, 2006."

This is especially important this year because it gives management another opportunity to report on Luminent's progress midway through the second quarter. Combined with the late April Q1 conf. call, we should have pretty good transparency into Luminent's progress in this transitional year.

hedgeclipper
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