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

To: James Calladine who wrote (33237)	6/13/2001 4:07:56 PM
From: Greg h2o	Respond to of 42804

<<The gains in energy production are a positive sign only in that they may indicate greater supply of natural gas next year, and thus some easing of prices. This could help lead to lower electricity prices next year since nearly all new power plants are fueled by natural gas.>> of course increases in production will eventually lower costs. of course, if they put those price caps in, they can kiss that increasing supply goodbye, as there will be a distinct reason for the power companies to stop building additional facilities. supply and demand is not a very difficult puzzle.... it amazes me how anyone would want to shut of additional supply in a time of increasing demand. very counter-intuitive.

To: James Calladine who wrote (33237)	6/13/2001 4:53:10 PM
From: Greg h2o	Read Replies (1) \| Respond to of 42804

of course, we've seen this news, but MRV put out this press release today: Wednesday June 13, 3:20 pm Eastern Time Press Release SOURCE: MRV Communications, Inc. MRV Communications, Inc. Honored With Endurance Award for Six-Time Appearance on Deloitte & Touche Technology Fast 500 CHATSWORTH, Calif., June 12 /PRNewswire/ -- MRV Communications, Inc. today announced that it was honored with the Technology Fast 500 Endurance Award for its six-time appearance on the Deloitte & Touche Technology Fast 500, a ranking of the 500 fastest-growing technology companies in North America. The Fast 500's 2000 rankings were based on five-year percentage revenue growth from 1995-1999. MRV Communications, Inc. grew 636 percent during this period. It has ranked on the Fast 500 listing since the program's inception in 1995. Other recipients of the elite Endurance award include AOL, Veritas Software Corporation, iBaset and Intermedia Communications. ``MRV Communications, Inc. is one of only five companies to make the Fast 500 ranking for six consecutive years,'' said Mark A. Evans, managing director of Deloitte & Touche's Technology & Communications Group. ``Since Fast 500 winners are ranked based on five-year revenue growth, the baseline increases dramatically each year. It's an extraordinary achievement to rank on the Fast 500 more than one year -- and even more so for six consecutive years. We congratulate MRV Communications, Inc. on becoming one of the 500 fastest-growing technology companies in North America six times over.'' Fast 500 Selection and Qualifications In its selection of the Fast 500 for Year 2000, Deloitte & Touche's team reviewed financial records for more than 5,000 public and privately held technology companies. To qualify, companies must: (1) have had 1995 revenues of at least $50,000 USD and $75,000 CD; (2) be headquartered in the United States or Canada; and (3) be a ``technology company.'' A ``technology company'' is defined as one that develops proprietary technology which contributes to a significant portion of the company's operating revenues, manufactures a technology product, or devotes a high percentage of effort to the research and development of technology. About MRV Communications, Inc. MRV Communications is a world-class leader in optical components and network infrastructure systems. The company has leveraged its early leadership in fiber-optic technology into a portfolio of well-focused operating entities. MRV's business model consists of forming independent business units such as Luminent Inc., Optical Access Inc., iTouch Communications, Cescomm and NBase-Xyplex. In addition, MRV helped create and manage several cutting-edge start-up companies including Zaffire, Charlotte's Networks, Zuma Networks, RedC Optical Networks, Optical Crossing and All Optical. Visit MRV's Web site at www.mrv.com. About Deloitte & Touche Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through 30,000 people in more than 100 U.S. cities. The firm is dedicated to exceeding the expectations of its clients and its people. Known as an employer of choice for its innovative human resources programs, Deloitte & Touche has been recognized as one of the ``100 Best Companies to Work for in America'' by Fortune magazine for three consecutive years. Deloitte & Touche is part of Deloitte Touche Tohmatsu, one of the world's leading professional services firms, with more than 90,000 people in over 130 countries. For more information on Deloitte & Touche, visit www.us.deloitte.com. For more information on the Deloitte & Touche Technology Fast 500 or Technology Fast 50 programs, visit www.fast500.com. Note to Editors: All other trademarks mentioned in this document are the property of their respective owners. For further information please contact: Diana Hayden of MRV Communications, Inc., 818-886-6782. SOURCE: MRV Communications, Inc.