Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: whitephosphorus who wrote (24054)	9/18/2000 9:27:54 PM
From: William D. Tanner	Read Replies (1) \| Respond to of 42804

This from Yahoo Hi all, This is a response I got from Diana from IR at MRVC. Could someone please post this at SI since I don't subscribe there. Thanks. Dear XXXXXX: It is not pragmatic for us to comment on the daily stock performance; however, we feel very confident with the execution of our strategy. We are diligently working on the Luminent IPO and the anticipated filing for our Optical Access division. From management's perspective, we are on track with the Luminent IPO. Obviously the timing is out of our hands until we receive confirmation from the SEC on the refiling done last week. Once we receive approval from the SEC, we will be able to progress with the prospectus, road show.... In addition, Luminent, Optical Access and Charlotte's Web will be exhibiting at the Networld + Interop Conference Sep. 26-28th. Zaffire has just obtained its first revenue contract of $15million with UTStarcom (Nasdaq: UTSI). Please keep in touch, and feel free to contact me with any questions regarding the company's direction. ************************************* My email Hey Diana, I am a shareholder of MRVC for the last couple of years and had a few email conversations with you before. Although I am used to the volatility this stock exhibits, I am a tad nervous about the recent slide from $80 to $55 in 5 trading sessions. As far as I understand nothing has changed fundamentally and this is the selling from acquisitions MRVC made earlier this year. Is that correct? Although you might not be able to comment on this due to the quiet period for LUMN, are we still on track for the IPO? I haven't heard anything about the roadshow or prospectus either. Any info is appreciated. Thanks. Regards XXXXX