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

To: Duffeck who wrote (35764)	9/25/2001 7:07:30 PM
From: Greg h2o	Read Replies (1) \| Respond to of 42804

<<The main point is that they have over 100 employees and are burning money with no source of income as far as I know.>> but nobody made much of an effort to determine just how much they were burning while doing all of the moaning about "no source of income". they aren't burning anything THEY didn't raise in their OWN financing.... so, i don't see how that can be considered a huge drag on MRV. yes, MRV did participate in that financing, but the bulk came from others. and, in the scheme of things, if they land just ONE major contract, it will pay in spades. and does anyone on this thread think MRV couldn't recoup their original investment in CWNT tomorrow by selling it?

To: Duffeck who wrote (35764)	9/25/2001 7:45:22 PM
From: akmike	Respond to of 42804

Hi Duff, MY main point is that we don't know much at this time. I agree with Greg that CWNT was funded (through a 2nd stage, if memory serves) and unlikely to be a drag on MRVC for the next year. If financing is required to gear up to service hundreds of millions of dollars of orders then that will be available on attractive terms, even in this market. If there is nothing in MRVC's price for the potential upside, and the downside is limited at this point, then I would like to wait and see the outcome when someone starts buying terabit routers in earnest. Best regards, Mike