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: steve berman who wrote (7204)	2/24/1998 1:54:00 PM
From: Dee Jay	Read Replies (2) of 42804

as much as anything else I think the "loss" of 2 OEM customers, DEC and NN, is responsible for the overreaction we are seeing today. The inventory issue was part of that loss but as Noam said it's a matter of changing the "boxes" (not the cardboard carton but the shell surrounding the innards) to NBase. I think he said that they were covered on that cost but I could be wrong. In any event there will be no product that's not usable since it's standard gear with the OEM's label on it. They also said the inventory levels are much more in line now than at Q4's end, I believe. I think that brokers and others are taking advantage of the momentary situation which has largely evaporated to churn accounts' holdings. No sales no commissions earned, right? Or "sell on the news" is at work here. Dee Jay

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