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


To: Sector Investor who wrote (30089)3/7/2001 11:29:48 AM
From: Sector Investor  Read Replies (1) | Respond to of 42804
 
David Menlow is on CNBC right now talking about upcoming IPOs.

He mentioned Agere from Lucent, and mentioned that "it looks like Lucent is desparate to get the money.".

Add in the rumors of sale of their fiber cable unit at a relatively low multiple of sales and that reinforces this thought. I think LU is into MAJOR decline.