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: tyro who wrote (2435)	3/10/1997 12:42:00 AM
From: Dan Ross	of 42804

Does anyone know what kind of, if any, hedging that MRVC participates in? With the US $ getting stronger, this will hurt the bottom line since their product will become more expensive overseas. Numerous global companies have facilities in different countries to shift production based on relative strength of different currencies. Does MRVC do this? I know they have some operations in Israel, but how much? Could some of the production be shifting to the Fibronics site overseas? Any currency hedging going on here? Just wondering how good a CFO Edmund really is. They are getting into more sophisticated issues now that they have eclipsed the $100 million mark for sales. The US $ is going higher but on a relative basis, is still rather weak. <--- It is back to '94 levels now and I'm just trying to figure out how much risk this plays into the stock since international sales are a nice chunk of their business. Thanks Dan Ross

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