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

To: Sector Investor who wrote (22612)	7/31/2000 10:12:06 AM
From: NDBFREE	Read Replies (1) \| Respond to of 42804

from drifter post <4. As the MRVC/LUMN roadshow begins shortly, the investor awareness will be heightened. People interested in LUMN will take a hard look at MRVC as a way to play the LUMN IPO.> Particularly true if it comes out in dog and pony shows that MRVC plans to spin off their ownership in LUMN to MRVC shareholders.

To: Sector Investor who wrote (22612)	7/31/2000 10:30:44 AM
From: Zach	Read Replies (1) \| Respond to of 42804

Sector and Coach: Any particular explanation for the big trade-off especially after the registration statement being filed? If I didn't feel like I was in a downdraft I would be jumping up and down to be able to get in NOW at these prices. Zach

To: Sector Investor who wrote (22612)	7/31/2000 10:46:17 AM
From: signist	Read Replies (2) \| Respond to of 42804

Which stock has more RISK? CSB in UK was asked if he could only buy one stock which one would he buy? Marconi....CNBC Luminent....................................................................................................................... YEARS ENDED DECEMBER 31, 1999, 1998 AND 1997 Net Sales. Net sales for 1999 increased 69%, to $65.3 million from $38.6 million in 1998. Net sales for 1998 were 10% higher than the $35.1 million for 1997. The growth in net sales in 1999 and 1998 was primarily driven by increased shipments of our duplexer and triplexer components to Marconi Communications. In 1999, we also experienced greater acceptance and demand for our transceivers, which are designed for the data communications equipment market. A summary of net sales is as follows: FOR THE YEARS ENDED DECEMBER 31, -------------------- 1997 1998 1999 ---- ---- ---- Marconi Communications...................... 15% 18% 40% Cisco Systems...................................... 4 5 6 Other................................................... 81 77 54 --- --- --- Net sales........................................... 100% 100% 100% === === === Gross Profit. Gross profit for 1999 increased 55%, to $22.2 million from $14.3 million in 1998. SIX MONTHS ENDED JUNE 30, 2000 AND JUNE 30, 1999 Net Sales. We generally recognize revenue upon shipment of our products. Net sales for the six months ended June 30, 2000 increased 53%, to $43.6 million from $28.5 million for the six months ended June 30, 1999. Our growth is a result of the growth of the Internet and e-commerce and the corresponding increased bandwidth requirements. This increase was due in part to the contribution of FOCI's net sales from the period of April 25, 2000 through June 30, 2000. We also experienced growth and increased acceptance in our transceiver business for the data networking market. When we consolidate the operations of OIC and QOI, we expect to realize continued growth and expansion in our strategic markets. Finally, we experienced a significant improvement in customer diversification during the six months ended June 30, 2000. FOR THE SIX MONTHS ENDED JUNE 30, ------------------ 1999 2000 ----- ----- Marconi Communications.................... 40% 11% Cisco Systems.................................... 5 13 Other................................................. 55 76 --- --- Net sales.................................... 00% 100% Gross profit for the six months ended June 30, 2000 increased 46%, to $14.6 million from $10.0 million for the six months ended June 30, 1999. Corvis............................................................................................................................................... PROCUREMENT AGREEMENT BETWEEN BROADWING COMMUNICATIONS SERVICES INC. AND CORVIS CORPORATION ARTICLE 4. VOLUME DEPLOYMENT; QUANTITIES AND DELIVERY SCHEDULES. 4.1 Initial Deployment. Upon successful completion of the Transport Field Trial, Customer will purchase from Corvis and deploy the Corvis Transport Equipment and Software in quantities and in configurations priced at U.S.$200,000,000.00 (the "Minimum Deployment Commitment"), U.S. $100,000,000.00 of which (the "First Year Deployment Commitment") must be ordered within 12 months after the successful completion of the Field Trial with delivery no later than 60 days after such 12 month period, in each case based on the prices and license fees set forth in Attachment 6. Customer will be offered most favored customer pricing in accordance with the terms and conditions of Attachment 6. AMENDED AND RESTATED PROCUREMENT AGREEMENT BETWEEN WILLIAMS COMMUNICATIONS INC. AND CORVIS CORPORATION DATED JUNE 23, 2000 ARTICLE 3. VOLUME PURCHASE; QUANTITIES AND DELIVERY SCHEDULES. 3.1 Initial Purchase Commitments. Following notice of successful completion of the Field Trial, Customer will purchase for its own use or for resale to others, subject to the terms and conditions of this Agreement, from Corvis, during the Initial Term, Corvis Equipment, Software and Services in quantities and in configurations priced at U.S.$200 million ("Total Minimum Purchase Commitment"), U.S. $100 million (the "Initial Minimum Purchase Commitment") of which must be purchased within the Initial Minimum Purchase Commitment Period based on the prices and license fees set forth in Attachment 6. Amounts paid by Customer under the Field Trial Agreement shall be deemed purchases that apply to the Initial Minimum Purchase Commitment.