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: Seth Leyton who wrote (6102)	11/21/1997 10:57:00 PM
From: WBendus	Read Replies (2) of 42804

Seth, MRVC sales may be strong in the pacific rim but the market over there is going to see short term problems as a result of the turbulence in currencies and asset prices. MRVC may very well have strong enough business to get through it but when a good portion of their business is coming from Japan and the Japanese economy is nearing a brink of disaster, owners of MRVC shares are going to get a little worried. There was an announcement today that a large securities firm in Japan is closing it's doors. That is a scarry sign. Our market even gave up 50 points today on the initial headlines. Wayde.

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