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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: David Semoreson who wrote (9015)6/12/1998 2:05:00 PM
From: WebDrone  Read Replies (1) of 42804
 
dobr- Yahoo! is the Wild West-

There is a lot of shooting from the hip going on. Remember that everything is speculation until it comes from the company.

Let me shoot from the hip over here, before I go fishing:

1) If MRVC is going for more money so soon, with $40Mil available cash/short term instruments- they are not doing it for operating expenses. No way.

2) Xyplex must be in great shape. Company said "remember Fibronics", and I have faith that Xyplex will be similarly good for the bottom line.

3) They look awfully attractive at this price. The big big boys have not taken major slams the way the mid caps have. If MRVC is not going to be sold for too cheap, they must buy, or at least get credit lines in order.

Things look pretty bleak, eh?

R.
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