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: Jamuck who wrote (8795)	5/25/1998 10:29:00 PM
From: Mr. Pink	Read Replies (2) of 42804

At their burn rate 50mm won't last long. Remember, Noam and the boys use fraudulent acquisition accounting to shift operating losses from income statement down to cash flow statement by overly aggressively writing off "technology in development" when making acquisitions. They don't make any money. Read the income statements in conjunction with the cash flow statement. Maybe that's why the sales force is fleeing like high school kids from a cafeteria. mr. Pink

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