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: cmg who wrote (11354)	12/2/1998 5:14:00 PM
From: ED PLOPA	Read Replies (1) of 42804

CMG: I agree with you. With the "hoard" of cash that company has at this time what a better way to signal to the market that everything is cool and that the stock is undervalued than by buying back a few million shares. Even an announcement that they intend to buy some back would generate some confidence. Maybe they're worried about getting their ass sued by those who bought those convertibles and didn't immediately short the stock. On the other hand, maybe there is another shoe that's about to be dropped. Ed Plopa

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