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: signist who wrote (10831)	10/4/1998 1:31:00 PM
From: mike.com	Read Replies (1) of 42804

John, glad to see some "hype" but I don't really consider that hype - it's all true. I cannot believe the street is putting the current worth of the company at less than a buck a share (minus the current cash position). They have enough cash to buy back 23 million shares. It's hard to believe that the market went from "irrational exuberance" to extreme fear and stupidity so fast. At least I am beginning to see more and more fund managers point out the large cash positions some of the beaten down tech companies are sitting on. Maybe the value investors will take note.

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