MRV Communications (MRVC) opinions? Message Board

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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: starpopper who wrote (11450)	12/11/1998 11:31:00 AM
From: Bruce L	Read Replies (2) of 42804

MRVC is still in a slow downtrend: moneyflow and MACD still negative. Given that, I thought the stock held up well in Thursday's strong market downdraft: there was one trade at 6 1/8 (~2:30EST) and it bounced from there. This Friday a.m. volume is about half of normal. The largest trade has been all of 2600. Except for one 5 minute period (10:29 -34) when about 5000 shares traded all trades have been at 6 1/4 or above. Technically speaking (TA) we are still in a down trend but a bottom is near: IMO support at 6 will hold. CONVERTIBLE NOTE PROCEEDS AND PATENT PROTECTION Starpopper: I'm not sure what you're suggesting re the notes. MRVC HAS the money and has invested it in short term money market instruments. The interest earned exceeds the interest to be paid. The notes were sold to wealthy "qualified" investors so that the company did not first have to comply with onerous SEC prospectus requirements. As to patent protection, somebody correct me if I'm wrong, but in the technolgy field in general, and the networking field in particular, companies generally do not rely on patents, but on "unpatented proprietary know-how, trade secret law, and company copyrights." I don't believe that Cisco, COMS or Lucent rely primarily on patents either. I throw it up (hopefully) to further discussion. bruce

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