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

To: Duffeck who wrote (36128)	10/6/2001 10:30:16 AM
From: Sector Investor	Read Replies (1) \| Respond to of 42804

<<He was responding to a question by Chet White who had concluded that the burn rate was more like $20M per quarter. >> Concluded? I don't think so. He merely asked the question. That's different than analysis leading to a conclusion. He asked "is it fair to assume that they pretty much went through about $20 million in the quarter"? Edmund said, "NO, during the quarter, what we used some of the cash for is not what we would normally expect every quarter, from an operational point of view, it was more like $12 or $13 million for the quarter. Chet accepted that, and asked if they thought they could rein that in a little bit further? Edmund said they were working assiduously to get the burn rate down. Chet commented OK, so your forward numbers should improve sequentially? Yes.