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

To: coachbobknight who wrote (26276)	10/26/2000 1:45:26 PM
From: Susan Saline	Read Replies (1) \| Respond to of 42804

>>>komag, consider yourselves lucky.. also apm .... but are/were they not just one product company's but still makes for good point of stop loss intact

To: coachbobknight who wrote (26276)	10/26/2000 1:48:21 PM
From: coachbobknight	Respond to of 42804

90% of the questions that lmne mgmt will get from the institutions will be about signs of a slowdown... great decision noam... instead of a glorious june roadshow where the room would have been packed to the gills, the deal oversubscribed and mrvc's share price flying...you made the decision to delay... thanks again buddy... excellent call...

To: coachbobknight who wrote (26276)	10/26/2000 2:32:56 PM
From: Brasco One	Read Replies (1) \| Respond to of 42804

coach, cramer is an idiot. the fool went long on amzn.

To: coachbobknight who wrote (26276)	10/26/2000 3:18:52 PM
From: Paul Senior	Respond to of 42804

I've read the Cramer stuff, coach, and I see where capex spending is going to decline next year. And since short term investors look to growth as an important factor in making their investment decisions, this certainly has affected MRVC stock and may harm MRVC stock further from here. From the same website I see articles which say that T's spending next year will "not be as strong" as this year's. This year is budgeted at $14 Billion. Also that Williams' two year spending will drop from $5.8 to $5.6 Billion. My take on it - and I'm trying not to be a short term investor - is that I don't see the end of the world. If MRV has products that are important to its customers, those customers will have money to buy - plenty of money. --------------- aside: While I like and agree with Mr. Cramer's assessment now of the hard drive story, I don't recall Mr. Cramer correctly calling the hard drive stocks decline at the time. And there were grumblings all over the place about the competitive and cyclical nature of the business and its supply/demand aspects. Positives, imo, seemed to be that people thought there'd be exploding demand for hard drive storage for several years, with hard drives one of the few computer components that people would upgrade and replace (they wear out). Plus p/e's and price/sales were low, and ROE high. Imo, the lesson for MRVC people regarding the hard drives (and I was one who was wrongly long Seagate, Western, Applied Magnetics) is not that MRVC cannot see a decline coming so don't rely on what management says it sees, get out when its customers slow spending (like now) --- but rather, imo, the lesson is that the consensus expectation is often wrong, profits disappear when products are fungible (indistinguishable), and the most important lesson (imo) is that life and business go on despite debacles--- Be Diversified, Keep Some Powder Dry, and Don't Overcommit to one area if you are a long term (multiyear) investor. Paul Senior