MRV Communications (MRVC) opinions? Message Board

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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: BOGEY MAN who wrote (7385)	2/28/1998 7:00:00 AM
From: Ron B	Read Replies (2) of 42804

What do you think would happen if the company announced today that they just won a $165 mill contract that would net them $23 mill in earnings? That's exactly what the company has accomplished during the past year and yet the stock price has FALLEN by more than 4%. Even more astonishing is the fact that MRV traded at near 40 in Sept and they've announced $13 mill in better than expected earnings since then and we're down 40% in price. I guess the good news is that I've held MRV long enough now to take the lower capital gain tax rate. Except right now I don't HAVE a capital gain.... The other good news is Noam clearly stated in the conference call that he will concentrate on shareholders relations now that the merger is completed. Well NOW would be a good time start concentrating don't you think? What types of things do you think he can do to help us shareholders? Share buyback?, pre-announcing a great 1st qtr?, clearly explaining the current inventory situation? What else?

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