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To: Jan Crawley who wrote (91769)1/21/2000 2:38:00 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
>The rumor/news is that Amzn is talking/palnning for more financing. Sold mine
I saw that too, but did I here him say that Amzn would not run out of cash for at least 2 more years?



To: Jan Crawley who wrote (91769)1/21/2000 2:45:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
The rumor/news is that Amzn is talking/planing for more financing. Sold mine.

Jan,

It is news. It is not longer a rumor. Good move I believe.



To: Jan Crawley who wrote (91769)1/21/2000 3:01:00 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Shorted Pcln @ 64.Max pain 70.



To: Jan Crawley who wrote (91769)1/21/2000 3:11:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
1/21 9:32A (DJ)
Story 2469 (MRVC)

( BW)(CA-MRV-COMMUNICATIONS-2)(MRVC) MRV Communications and Korea Microwave
Technologies Form Optical Access Asia as Joint Venture

Business Editors & High-Tech Writers

CHATSWORTH, Calif.--(BUSINESS WIRE)--Jan. 21, 2000--MRV Communications Inc.
(Nasdaq:MRVC), one of the world's leading suppliers of fiber optic components for
the telecom, datacom and wireless industries, today announced that it has formed
a joint venture with Korea Microwave Technologies.

The new entity, Optical Access Asia, will design, manufacture and market optical
components in Korea and other Pacific Rim countries. MRV Communications is the
majority shareholder in the new venture; the investment details are undisclosed.

The company is responding to the Pacific Rim's strong demand for fiber. Optical
Access Asia resides in the emerging markets for fiber optic communication and
will utilize local talent to develop products that are tailored to the local
needs of data communication, telecommunication and wireless companies in Korea
and the surrounding Pacific Rim.


"We are pleased and proud to enter into this joint venture with MRV
Communications," said Unha Lee, president of Optical Access Asia. "We are very
excited about this opportunity to expand in Asia. This will enable us to address
our customers' needs much more efficiently and with greater flexibility."

"We chose Korea Microwave because of our long-standing successful relationship
and because of their technical expertise and knowledge of our products," said
Noam Lotan, president and chief executive officer. "This joint venture provides
added momentum to MRV's end goal to revolutionize and dominate the fiber optic
component market globally."

About MRV Communications Inc.

MRV Communications is a world-class leader in optical network components and
systems. The company has leveraged its early leadership in fiber optic
transmission into a well-focused range of solutions, integrating switching,
routing, access servers and optical transmission systems.

As the Internet evolves into a single global communication network, MRV has
launched the development of new technologies to drive the next generation
infrastructures. Such developments encompass optical access systems, subscribers'
management systems and Linux-based solutions.

MRV has initiated and funded cutting-edge start-up companies including New Access
Communications, Charlotte's Networks, Hyperchannel and Zuma Networks.

--30--SJK/la* KR/la
CONTACT: MRV Communications Inc., Chatsworth
Diana Hayden, 818/886-6782
KEYWORD: CALIFORNIA INTERNATIONAL ASIA PACIFIC

INDUSTRY KEYWORD: INTERNET NETWORKING TELECOMMUNICATIONS Today's News On The Net
- Business Wire's full file on the Internet


with Hyperlinks to your home page.

URL: businesswire.com

(END) DOW JONES NEWS 01-21-00