SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?


To: Robert G. Harrell who wrote (39479)7/8/2002 6:00:04 PM
From: Jack Colton  Read Replies (1) | Respond to of 42804
 
Not sure Bob.. I have traded FLEX in the past. The biggest difference between companies like MRVC, FLEX and JDSU, is that Maria and everyone else on CNBC used to hype the heck out of JDSU while MRVC's and FLEX's CEOs had to fight for time in front of the camera.

The cash flow reports are being read correctly, but, as with all reporting companies now, who knows what is hidden in the expenses. I wanted to sell half of my business to MRVC when they made the offer, and who knows how that might have affected their books. At least my accounting person would have been straightened out long before now.



To: Robert G. Harrell who wrote (39479)7/10/2002 5:02:50 AM
From: David Semoreson  Respond to of 42804
 
FLEX's $300m positive cash flow in the march quarter was achieved by issuing $500m in stock and reducing inventories by $640m. This is not positive OPERATING cash flow, and is not sustainable.