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

To: Sector Investor who wrote (16794)	11/11/1999 4:06:00 PM
From: Greg h2o	Read Replies (1) \| Respond to of 42804

<<No, we ALL don't, or MRVC should be trending higher with an IPO around the corner. >> well, in all phases, MRVC is still in the "show me the money period". that means, investors sitting on the sidelines for the spinoff of OA are waiting for a ceo to be hired. they're on the sidelines waiting for good results from the red-c betas. they're waiting for tangible results or further seed money from reputable vc firms/strategic partners for the startups....on and on... i know you're patient enough, but there are many other long-term shareholders who are seeing this as an opportunity to get out even (or ahead). greg

To: Sector Investor who wrote (16794)	11/11/1999 11:50:00 PM
From: BxK	Respond to of 42804

Consider ORTL as a valuation surrogate for MRVC but in every respect a lesser company with MRVC deserving a much higher valuation. IMHO. First note ORTLs price action the last few days, esp. today. Note mere 18% ownership of Tellium (Sycamore, Cerent, Nexabit and Argon competitor). Also pending IPO of Tellium. Multiple pending IPOs for MRVC with much larger ownership percentage. From MRVCs recent cc "developing a new category of intelligent solutions for carriers and service providers. We believe the optical networking capabilities of NAC will exceed those of Sycamore networks. It's carrying capacity is expected to be like Sycamore and cerent combined." I think MRVC owns about a third of NAC. Recent NAC investors are Kleiner Perkins and Juniper Networks. Note brand new ORTL management. I hope MRVC will do much better with pending new OA CEO. ORTL presented At AEA. MRVC presented at AEA ORTL cash $24 Mil., MRVC cash $43 Mil. plus $100 mil. from debenture ORTL optics expansion restricted by lack of cash. MRVCs OA with brand new state of the art fab. ORTL sales per share $6.15. MRVC sales per share 10.46. (OA sales about same as ORTL). quote.yahoo.com <<SUtro has some recent report on ORTEL valuing ORTEL shares at $70 a share and given TELLIUM a conservative $5 Billion valuation.>> Message 11897635 <<Tellium To Launch Next-Generation Optical 'Super Switch' for Large Scale Optical Networks at SUPERCOMM '99>> Message 9278982 <<The Tellium story got me interested as well as the way the companies in this sector were reporting blow out earnings>> Message 11896824 <<Tellium is not to be discounted. SAIC is a $5 billion private company and owns a large chunk through their acquisition of Bell Labs. I know from an acquaintance at the EVP level that they're fully aware of its potential and when the time is right will maximize it. Look what happened when they spun off Network Solutions>> Message 11897038 <<It might be good to find out the value of their manufacturing facility as there's a clear need for more production across the board. SDL, for example, is having to hold off their third IOC customer b/c of mfg. constraints>> Message 11893476 <<From what was said yesterday, the company sees their Tellium stake as a key asset. (Tellium currently shipping on $250 m contract with Exant for LU).>> Message 11892857 <<I know the new management is more aggressive and plans on introducing new products to jump start ORTL, but I am concerned that their cash levels are insufficient to do anything of note ... Right now the rise in the stock price looks like it is mostly due to people who want in stake in Tellium and are using ORTL as a surrogate till the IPO>> Message 11892187 <<The most important background centers on new management. I've gone back and found URLs for each appointment.>> New management from NetVantage (fast ethernet switches & ASICs for same). MRVCs accomplishments in this arena dwarfs theirs IMHO. BxK. (I don't think they were ever profitable and were saved by the CS buyout). Message 11891909 <<Once rumors that Tellium's ipo is registered Ortl could gap up 75 to 100 in this market>> messages.yahoo.com Who's this bird? <g> Bxk. messages.yahoo.com Contrary opinion on ORTL. Bxk. <<http://messages.yahoo.com/bbs?action=m&board=4686803&tid=ortl&sid=4686803&mid=916>>