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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: signist who wrote (10854)10/14/1998 11:11:00 AM
From: Madharry  Read Replies (1) of 42804
 
I am a new investor. I am not sure as to what you expected management to do. It seems to me that the prevailing ethics on Wall Street is that company management is supposed to give an edge in the dissemination of information to the large investor. It seems to me that this company played it as fairly as they could with everybody.
Order meltdowns can occur quite suddenly. Mr. Pink is a sharp person
and a lot of people bought into this growth story and still do. What this company does in a way is not much different from Starbucks- increase sales by opening a new store, or buying an existing business, fixing it up and integrating it with your existing business. Seems like a good strategy. The company is profitable and has positive book value.

My uncertainty is that I do not know how good and competitive these new products are.
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