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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: Edward Leinbach who wrote (10064)8/17/1998 1:19:00 AM
From: James L. Day  Read Replies (1) of 42804
 
This stock will fly eventually. With over $100 million in cash in the bank and a market cap. of only $500 million or so, how could it not?

Less the cash position, this company could be had for a mere $600-$700 million in stock. Surely, there is a high flyer out there willing to take a chance on this company, if for nothing more than their account list and asset base.

Just my opinion.

P.S. Look at the recent SRA acquisition. ASND paid $700 million in stock (less cash position) for a relatively small piece of technology.

JD
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