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

To: Bridge Player who wrote (36104)	10/5/2001 1:53:25 PM
From: kvkkc1	Read Replies (1) \| Respond to of 42804

Also take away the 100M or so that you owe the convertible holders when the notes come due.knc

To: Bridge Player who wrote (36104)	10/5/2001 2:21:34 PM
From: NDBFREE	Read Replies (1) \| Respond to of 42804

Something funny is going on with the numbering of messages. Normally messages are sequential. Last day or so I have big gaps in numbering sequence of messages. Are others also experiencing this problem or am I just receiving a small portion of the messages??

To: Bridge Player who wrote (36104)	10/5/2001 2:33:05 PM
From: Greg h2o	Read Replies (2) \| Respond to of 42804

<<Could you document your source that CWNT, alone by themselves, had $154 million in cash?>> yep. chet white's report on Q1 MRV.

To: Bridge Player who wrote (36104)	10/5/2001 7:59:36 PM
From: Duffeck	Read Replies (2) \| Respond to of 42804

<<Greg, from the MRVC (consolidated) balance sheet of 6/30/01, MRVC had $174 million in cash and short-term investments. From my recollection only, LMNE alone accounted for about $90 million give or take a little, leaving only $84 million for all the rest of MRV.>> From my spread sheet. Actually if you include short term investments you get $137M for all the rest of MRV on 6/30/2001. April MRV LMNE MRV-LMNE Cash & Cash equivalent $190,545 $106,756 $83,789 Short term investment $57,163 $293 $56,870 Total $247,708 $107,049 $140,659 June MRV LMNE MRV-LMNE Cash & Cash equivalent $174,887 $93,037 $81,850 Short term investment $55,704 $81 $55,623 Total $230,591 $93,118 $137,473 Change MRV LMNE MRV-LMNE Cash & Cash equivalent $15,658 $13,719 $1,939 Short term investment $1,459 $212 $1,247 Total $17,117 $13,931 $3,186 From this I get a LMNE burn rate of $13.9M per quarter and a MRV (sans LMNE) of $3.2M per quarter. Not sure if this interpretation is totally accurate. duff