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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: Saul Feinberg Jr. who wrote (9638)7/28/1998 12:30:00 PM
From: Richard Birecki  Read Replies (1) of 42804
 
Saul,

Your posts are most excelente and thoughtful.

My question for everyone is this. In regards to the accounting and the fraud charges pINK alleges, what is the incentive??

This stock is already too low. Management has reiterated that several times in various ways. They don't want to be bought out. (I know for a fact they don't want to be bought out)

They hold a LARGE %age of shares. Do you think that they are trying to make one big push a couple of points higher through unethical accounting and unload their holdings (which would probably land them in jail) or do you think that they want to grow and make awesome products?

What is the incentive? Especially at this level? The easiest way to predict the action of human beings is to understand their incentives.

Now, pINK, I may be wrong. Please enlighten me.

And answer my question about the "droves of slaes people leaving" too.

Richard

Bo Outlaw will dunk on you
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