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Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?

To: Sector Investor who wrote (14496)	7/16/1999 11:21:00 PM
From: akmike	Read Replies (2) \| Respond to of 42804

Sector-Here comes another opinion (no facts),however I believe that Hyperchannel has the least upside potential of the three and yet the 60% for 1.5mil. represents a superlative investment for MRV. When one considers what NAC and Charlottes Web could fetch someday soon in an IPO,maybe Noam & co. are doing a better job as an investment bank than an operating co. Best regards, Mike

To: Sector Investor who wrote (14496)	7/17/1999 12:21:00 AM
From: WebDrone	Read Replies (1) \| Respond to of 42804

Sector- let's leave personal stuff out of this. Here is where I am coming from. MRVC rushed and mangled a series of events to complete the sale of convertible bonds through Prudential. Unfortunately, the stock price got murderized (to speak technically, it was "totally murderized") very shortly after that. I now believe the timing of these events was a coincidence, but I have held other views in the past, in my darkest MRVC days. What was that cash raised for? I assume it was NA, Charlotte, and HyperChannel. So, MRVC stock price was worth bupkus (that's about 2.2 metric bupkus, for our European readers) but they had some great ideas, a chunk of cash, engineers, technology, and MRVC floor space. MRVC incubated Charlotte and NA, that's pretty well documented. In return, MRVC got a majority part of the pies, as you mentioned. Well, in my opinion, those pies were going to be 100% MRVC divisions, until the stock price fell off a cliff, making MRVC stock an almost valueless currency. It's not clear to me exactly what I would get as an MRVC investor if New Access was spun off for a market cap of $1Billion. I expect the MRVC share price would rise in anticipation of the IPO, then languish as the investor mindshare goes to the spin-off. The usual pattern. Not the business model I had been thinking about for MRVC. I need to rethink. As you can see, I am not offering facts. I'm asking questions. Mostly of myself. Somebody knows, but they won't talk about it. At it's most basic- what is MRVC's strategic plan for all these pieces? How does it affect the price of MRVC? WebDrone