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


To: Greg h2o who wrote (33574)6/20/2001 11:47:50 AM
From: Sector Investor  Read Replies (1) | Respond to of 42804
 
<<OCPI adding capacity... in MRV's backyard.>>

Greg, if you look again, that is not CAPACITY at all.

<<has acquired a 142,000-square-foot office and research and development facility in the Warner Center area of Woodland Hills, Calif.>>

<<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.>>

What it apparently does for them is to free up space in their old facility (50K sq ft if I remember right) for expansion.

Ah, yes, I see that in the information.

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