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


To: Sector Investor who wrote (33572)6/20/2001 11:32:28 AM
From: Bruce L  Read Replies (1) | Respond to of 42804
 
Anyone else concerned about the drop this morning with most markets up?

The initial drop at the opening didn't bother me too much. Then MRVC recovered to ~7.60 along with the overall market. Now MRVC is at ~7.20 with the NAZ up +20.

LMNE down only .04 and that's a little reassuring, but I still don't like it. Very much overloaded with MRVC and until now complacent.

Bruce



To: Sector Investor who wrote (33572)6/20/2001 11:32:58 AM
From: Greg h2o  Read Replies (1) | Respond to of 42804
 
OCPI adding capacity... in MRV's backyard.
(COMTEX) B: Optical's new facility Fiber optic co. acquires 142,000 s
B: Optical's new facility Fiber optic co. acquires 142,000 square feet in
Warner Center for $18.7 million

Jun 20, 2001 (Inman News Features via COMTEX) -- Chatsworth, Calif.-based
Optical Communication Products, a manufacturer of fiber optic subsystems and
modules for metropolitan area network and high-speed premises networks, has
acquired a 142,000-square-foot office and research and development facility in
the Warner Center area of Woodland Hills, Calif.

The transaction price was $l8.7 million.

OCP has scheduled a year-end occupancy of the two-story building located at 6101
Variel Ave., company officials said.

The executive management, administrative, sales and marketing, and research and
development departments will occupy the majority of the building, while a
65,000-square-foot portion will continue being leased to two existing tenants.

Optical's manufacturing operations will be expanded at its current facility in
nearby Chatsworth, Calif.

Jerry Scullin and Kevin Cooper of Van Nuys, Calif.-based Delphi Business
Properties, along with Mark Sullivan and Jonathan Wechsler of Julien Studley
Co., represented OCP.

Kevin Tamura and Keith Green of Daum Commercial Real Estate Services represented
Toibb Elins Properties, the seller.

OCP's fiber optic subsystems and modules convert electronic signals into optical
signals and back to electronic signals, enabling high-speed communication of
voice and data traffic over public and private fiber optic networks.

Established in l978, Delphi Business Properties concentrates on industrial real
estate in the San Fernando Valley north of Los Angeles and surrounding areas.


By Inman News Features
Do you have a comment about this story? Send a note to the editor at news@inma
.com.

Copyright 2001 Jack Guttentag Distributed by Inman News Features