MRV Communications (MRVC) opinions? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : MRV Communications (MRVC) opinions?

MRVC 9.975

-0.1%

Aug 15 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Richard Birecki who wrote (10112)	8/19/1998 10:40:00 PM
From: Sector Investor	Read Replies (1) of 42804

Why would the SEC worry about us small fry, when much bigger companies write off much more? Look at LU: Lucent plans to take a $80 million charge for in-process research and development related to its acquisition of SDX Business Systems, a maker of business communications systems. Lucent acquired the company on July 14 for about $200 million in cash. Lucent also plans to take a one-time $65 million charge related to the $115 million purchase of LanNet, a maker of switching technology for networks. The company plans to take a charge related to the $70 million acquisition of JNA Telecommunications Limited, an Australian telecom manufacturer. The intention to acquire JNA was announced in July and the deal is expected to be completed by the end of the quarter ending in September. The amount of the charge is yet to be determined, according to the SEC filing. news.com Then we have writeoffs from LU's acquisition of Octel last October, Livingston last November, Prominet last December and for Yurie too. This has to apply to EVERYONE. CSCO takes huge R&D writeoffs too.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next