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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: Bruce L who wrote (11542)12/31/1998 4:39:00 PM
From: michael modeme  Read Replies (1) of 42804
 
Well, MRV's IR department called me up yesterday (I had a few questions for them). They sounded fairly positive. Discussed some of the new products coming out and MRV's transition to more upscale (and more profitable) products. Apparently a news release is supposed to come out today regarding some of the new products. They kept emphasizing their superiority over the products from Cienna (although MRV's stuff won't be out for another 9-12 months). The IR people were very knowledgable. I pressed on their personnal views of how well the company is operating -- they were impressed with the company, happy to be employees, but they waffled a bit. I'll be getting the replay CC number via email -- I'll post it when I do. I'm waiting another year and if the stock isn't at the mid-teens level, I'm selling. Cheers
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