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: Greg h2o who wrote (26156)	10/25/2000 6:08:59 PM
From: coachbobknight	Read Replies (1) \| Respond to of 42804

i agree that we are very cheap relative to the other players... i also agree that we might have missed out on perhaps 1 of the acquisitions... here is the timetable that we could have seen had noam listened to some of those advising him at the time... (by the way the delay we heard about in february was brought on by the pending acquisitions).. LMNE ipo in early june(without having made the acquisitions, lmne would have been ready to go in april, but market conditions would have likely postponed it until june)... lmne could have then used it's very overvalued currency to then make the acquisitions...if foci or one of the others was gone, then lmne could have afforded to use its currency to buy other component suppliers... believe me when i tell you that this would have been the preferred choice of most of the bankers in on this deal...

To: Greg h2o who wrote (26156)	10/25/2000 8:38:07 PM
From: William D. Tanner	Respond to of 42804

Greg, I agree with you, the bubble hasn't burst. In fact I really don't believe MRVC ever had a bubble, with few exceptions it's been undervalued since I bought in at <$3 (split adjusted). I've lost 3/4 of a mil on this stock in the last few weeks so I'm probably as badly beaten as anyone, BUT I still believe the story. It's easy to get discouraged when you're surrounded by negativity, God knows I've been so depressed lately I've lost weight, a lot of weight. The bright side is that fiber is here to stay, and the growth of this sector is going outstrip even the most optimistic expectations. Eventually evaluations will come to rest where they belong, the high fliers will come down substantially and MRVC will move up. I see MRVC as a diamond in a blazing coal pile that will soon be glimmering in the ashes. People aren't selling this stock because they believe it isn't worth their investment or even triple that. They're selling because they think it's going lower, but I don't believe any of them in spite of their protestations have any doubt about the fact that it's going to be worth many times it's current value. I used margin imprudently and it's cost me dearly, but after having ridden down I'm not going to miss the ride up. It's only a matter of time, I may be low on CASH but TIME I have. Regards, Bill