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: Sector Investor who wrote (9309)	7/3/1998 1:04:00 PM
From: cmg	Read Replies (1) of 42804

sector....MY THOUGHTS for the DaY.... .."stock prices normally follow earnings"......a clishay (oopps)....but for the most part its true...........Now with mrvc writing off 53 million in the current quarter and I think over 10 million for fibronics THATS near 65 million since Dec of 96......just under 2 years ago......thats a lot to be writing off and is probably turning a number of institutional investors off....Its true that this company has grown fast but sooner or later the company is going to have to show some clean quarterly reports with some great earnings......The discizing(oopps) of the "real" earnings by taking write offs may be a strategy that should be rethought at mrvc..............I'm very curious(sure everybody IS) on what MRVC is going to do with that $100+ million............Back to xylan.....does xylan have any 1 time right offs....is there growth internal or by acquisition..............could mrvc be after xylan.....?........ Everyone have a wonderful holiday..cmg

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