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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: Sam who wrote (267)10/2/1996 11:05:00 PM
From: Dan Spillane   of 42804
 
The shorts are getting even heavier, as evidenced by recent ticker action. In the last few weeks:

* Barron's claims MRVC sells "fiber optic cable and telemarketing." Can you imagine:
"Excuse me...Sir? I hate to interrupt your dinner--but do I have a spool of fiber optic cable for you! It would suit the lady of the house quite nicely."
* A poster in Motley Fool room claimed MRVC's inventories skyrocketed 2500% (a "math error").
* On Silicon Investor, it is being claimed that MRVC suffers from "negative cashflow," which not only is common for a growth company, but is incorrect if the latest trend is examined (in the first six months of 1996, MRVC's free cash on hand almost doubled; it increased from to 3.4 million from 1.9 million).
* An anonymous poster in Motley Fool room claimed the MRVC/Intel switch was being "assayed", when it has been sold since March, and is advertised all over the place. This poster would not identify him/herself even offline.

Dan
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