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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: Mike Winn who wrote (912)12/2/1996 12:50:00 AM
From: Lucas Hsu   of 42804
 
Mike, you brought up a good point. You wrote:

>Could you explain to me how the receivables be higher than total
>revenues?

Here I mean (of course) that the cumulative receivables now stands
at 103% of this past quarter's revenue. (Check the balance sheet
I posted to Roy above.)

This would mean that MRVC may have trouble collecting on a portion
of the receivables...? Hope Noam and company keep this under control.

Cheers,

Lucas
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