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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: Madharry who wrote (11063)10/29/1998 6:04:00 PM
From: Benjamin Booter  Read Replies (1) of 42804
 
Even if they did $70M in sales SG&A would have been 22% of revs, much higher than the normal 18% they normally have. Maybe something to do with getting all the Xyplex personnel. But as I said, the short sellers may have been right that they have been hiding expenses in their write-offs and we have never received a true picture of their operations until now.
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