John and Sam,
Let me try to arbitrate the misundertanding between you two. I understand exactly where you guy sentiments are coming from. Even though I have never met both of you, I have communicated by e-mail a couple of times with you guys and I can tell both of you are upholding high ethical values.
Sam just posted on SI in response to my post congratulating the employees at MRV. I know how he feels. After seeing from his own eyes the dedication of the employees at MRV and the lack of frugality inside the company facility, he must come out overwhelming with respect for them. So his view of the company is like here we are complaining about little details such as lack of PR, name confusion, stock price dropping, and then there are all these pour souls working their butt off 10-12 hours a day, 7 days a week, may be no time off for Christmas, to deliver some state of the art products that are the envy of the Big Boys such as Cisco, 3Com, etc. Myself, I am also guilty of being such a big mouth when it comes to blaming the company for the stock drop.
At the same time, I understand you very well, John. I have been in the same boat like you in the past. In January of this year, I have as much money as you do in this doggie and boy I was fumed when the stock went from the high teen to 29 and then back to the high teen, all because of what I perceived as lack of PR and analysts coverage. Man, your money and my money are hard earned money, and we feel that we have at least the RIGHT to voice our opinion even if we may have only 1/10 or 1/100 of what the big boys may have in this stock. I am not asking for the company to go out on a limb to promote or hype up the stock. Like you, I am only asking them to mention MRV whenever they release a news. I am also asking that they let the secondary handled by the brokerage house because nobody is going to promote the company for free. I also ask the company to make some announcement to reassure the market whenever the stock drops too far down. Is it too much to ask? No, I don't think so. I think finally all our complaints have been heard and I did see all of the above implemented by the company.
Well, it's getting very late for me now but I do see both of your guys points of view. I think may be a cold shower and a pleasant night with your significant other will help relieve all your tension. Good night. |
