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


To: Dee Jay who wrote (16445)10/25/1999 4:11:00 AM
From: Dee Jay  Read Replies (1) | Respond to of 42804
 
oops, seems that's old news! Reuters was scooped by AP more than a month ago:
China to launch new telecom firm
ASSOCIATED PRESS
BEIJING, Sept.19 — China will launch its third major telecommunications company next month in its
attempts to bring competition to a sector long dominated by a government monopoly, the official
China Daily reported Sunday. China Netcom Corp. is using $50 million in government funds to offer high-speed data services for big businesses and Internet service companies in 15 cities, the newspaper reported in its Business Weekly edition."*

Still, this represents wonderful opportunities and hopefully the MRV-Israeli connection made earlier in the year is going to help here. With the top dog an american educated engineer who vows to run it like a Silicon Valley company, and with help from others who have worked for top tier American companies, there's a good chance that niches may be found for MRV's and associated companies' products.

Dee Jay

*found at:
siliconinvestor.com/stocktalk/readmsg.aspx?msgid=11309518