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

To: George Dawson who wrote (35179)	9/5/2001 2:26:08 PM
From: Greg h2o	Respond to of 42804

<<Any reason at this point to buy MRVC rather than other beaten down stocks from the same sector?>> don't construe this as a solicitation to buy, but here are some answers: -.66 x sales -almost $3.00 in cash -increased revenue and earnings guidance for this Q, next Q, and next year -a valuation of all of its divisions, less LMNE, worth about nil.... -divisions that are just now beginning to have products at the beginning of a sales cycle (yes, i do realize some companies have to actually buy the boxes).... -a short position in LMNE that lends a great deal of elasticity, as well as a MRVC short position that is likely now more than 10% of float. -a market that values the entire sector like it's going to go "poof", into thin air. -and on, and on.... not saying it's going to turn overnight, and there are certainly no guarantees it will EVER turn. but the risk/reward is extremely enticing at this point.