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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: Sector Investor who wrote (13101)4/30/1999 6:21:00 PM
From: Greg h2o  Read Replies (2) of 42804
 
Sector, all due respect, but i think sometimes you actually believe MRVC and Noam are synonymous.... guess what, WE risked $950k... not THEY... and, there's no doubt that was a better risk than buying back about 3% of the shares... what i'm saying is insiders- not the company- should be buying shares.

i think it would be idiotic for the company to be buying back shares rather than making strategic acquisitions-- as long as those acquisitions are to grow the company at a FAR greater rate than they are paying for the money borrowed. clearly, they are placing the money into a very high risk environment... don't you think everyone would be more comfortable if insiders were buying to validify their belief in the placement of this money, as well as our money???

oh, by the way, i took the proceeds from the mrvc shares i sold and bought some mck.... still long mrvc-- just not as much. if i had a new account come to me today, i'd be buying some mrvc for them...
greg
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