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: Robert G. Harrell who wrote (9854)	8/4/1998 9:04:00 AM
From: Seth Leyton	Read Replies (3) of 42804

To all: Xyplex contributed only 5 mm to the latest quarter. All other sales were under the NBASE name. Now Q2 1997, let's see if I can remember the numbers, was around 39mm in revs. If MRV did 75mm in Q2 '98 and only 5mm was from Xyplex then around 70mm of the earnings was from NBase. That's 76% growth. The problem right now is not the Pinks. The problem is a "LACK OF INSTITUTIONAL BUYING." Ok, now that I've said it for the hundredth time is anyone listening. Why was PRU on the offer yesterday...well yes, they had a seller. Why was the investment banker selling??? Well see my posts about laying off against the bond. Have the people who've shorted that stock against the bond been wrong? No. Are they done? No. My associates and I figure that there is a wall of approximately another 1mm shares to be shorted as soon as this sucker can scrape its way back up to 22. So be ready.

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