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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: Terence Kennedy who wrote (11020)10/29/1998 11:40:00 AM
From: Regis McConnell  Read Replies (1) of 42804
 
Terence, you are one of the guys that genuinely worries me, a real 'fly in the ointment', a 'pain in the butt', a 'squeeky wheel looking to get greased', & in hindsight, the source for 'pinkies cloud of accounting disinformation'. I wish I'd of known of the extent of your promulgation of the 'backdoor problem' on the internet bulliten boards b4 last August & the subsequent collapse of MRV share prices. The FUD created by 'the problem' is at least partially responsible for any product sales slowdown in Nbase switches. Personally, it has been a most costly lesson.

That's not to say you don't receive 'kudos' for 'digging up dirt', & garnering attention to issues 90's style via the net. Why, in your personal dealings w/the co., you haven't been satisfactorily 'taken care of' I don't know. Perhaps new product design & transition centered around the Xyplex acquisition & the 'time frame' for incorporating software upgrades & enhancements necessarily has to follow suite. I do hope that the issues you've raised are resolved in current products. I don't suppose that you have access or can test all the various products so as to say which current products do & which don't have these issues...

Regis



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