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: ED PLOPA who wrote (7546)	3/3/1998 3:26:00 PM
From: JZGalt	Read Replies (1) of 42804

Buyback is a terrible idea. If the management cannot use the cash for a better purpose than buying back the stock, then they are not working for the long term interests of the shareholders. I want the company to invest in what they know how to do, not pull some eps ploy by buying and selling the stock as they feel it is too high or too low. It is up to the shareholders to decide if the stock is too expensive or too cheap. That's our job. Their job is to run the company as best they know how. Of course a little polish on the PR side wouldn't hurt. ;-) ---- Dave

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