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

To: Sector Investor who wrote (14511)	7/17/1999 2:30:00 PM
From: Bruce L	Read Replies (2) \| Respond to of 42804

<The fact that Near is Shlomo's son bothers me not at all.> Of course, I agree with all you said: if the idea was Near's, MRVC had nothing to lose and everything to gain by using the mechanism of a new company to take the product to market. But a separate new company has other advantages as well, even were it the case that MRVC could maybe have developed the same product in-house. Given the hot market for networking IPOs (e.g., Juniper), a new offering provides MRVC with the potential of raising huge amounts of fresh capital that they WOULD NOT have been able to raise on their own. Just a Wall Street reality. Examine the Juniper example a little further. COMS and INTC and some others put up the initial "seed" money. These companies could have - but did not - try to develop a new router on their own. Why shouldn't MRVC follow in their footsteps? Second, the prospect of huge stock market gains can attract bright and sought after new talent to a new start up - that would not be attracted to MRVC - and cause this new talent to bust their butts working 20 hour days. More reality. Conclusion: On all counts MRVC wins. And I still have a sneaking suspicion that Hyperchannel - of all the start ups offers us the most upside potential near term.