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

To: Sector Investor who wrote (16401)	10/21/1999 4:16:00 PM
From: Dee Jay	Respond to of 42804

nice daydream, while it lasted... Dee Jay

To: Sector Investor who wrote (16401)	10/21/1999 9:31:00 PM
From: signist	Read Replies (1) \| Respond to of 42804

Extreme Networks Up As Sales Nearly Quadruple (10/21/99, 7:31 a.m. ET) By Reuters Extreme Networks Inc., one of a number of recently public networking companies that have seen their share prices soar this year, on Wednesday reported quarterly profits that topped expectations as sales surged nearly four-fold. A competitor of networking juggernaut Cisco Systems Inc., Extreme Networks said that for the fiscal first quarter ended Sept. 30, it had profits of $4.05 million, or 8 cents a share, compared with a loss of $2.98 million or 8 cents a share, a year ago. Sales soared to $47.2 million from $12.9 million a year ago. The results beat analyst forecasts of 6 cents a share, according to First Call/Thomson Financial, which tracks company results. They were also in line with with preliminary estimates that the company announced On Oct. 11. It said then it expected net income to be $3.5 million to $4.0 million, or 7 cents to 8 cents a share, on sales of $46 million to $47 million. Extreme Networks, along with rival Foundry Networks Inc., claims its networking gear is easier to install and faster than that made by Cisco. Companies are racing to install the fastest and most reliable gear to speed data across their corporate networks and the Internet. Extreme Networks shares rose 3 13/16 to 81 3/8 on the Nasdaq. The stock has risen more than five-fold since the company first sold shares to the public in April. Foundry stock has quintupled since its Sept. 28 initial public offering.

To: Sector Investor who wrote (16401)	10/22/1999 7:42:00 AM
From: The Phoenix	Read Replies (1) \| Respond to of 42804

Sector, I haven't briefed the MRVC S1's... so I was wondering if you could do me a favor and share with me the nature of INTC's investment here. Dee Jay - yes, a nice dream (Zhone) while it lasted. PRMS is in the east bay so that too made a nice local buy for Mory. Also, last night it became clear that Zhone is focusing on last mile which pretty much precludes MRVC. Actually this is shocking given Mory's history at ASND and also given the "noise" of competitors in the last mile. ANd, finally, PRMS???? Starting with a tier two player - I'm even more shocked. Mory must have something up his sleeve us folks aren't aware of yet. OG