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: STU who wrote (11467)	12/14/1998 8:20:00 AM
From: Sector Investor	Read Replies (1) of 42804

<<They would do such a move vs. repurchasing stock only if there is a significant loss to offset such a gain. Since the street is expecting a loss of about 2MM this quarter, the company seems to be offsetting a much larger loss with their 4.7MM gain on the debt repurchase.>> MRVC took a $53 million restructuring charge in Q2. As of now they still have a loss of just under $30 million for the year. They are able to take bond gains, if they can and still show a loss for the year. IMO, This has nothing to do with Q4 gain or loss.

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