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

To: Duffeck who wrote (41264)	6/28/2003 1:49:07 PM
From: Dee Jay	Read Replies (1) \| Respond to of 42804

"That is way productivity normally increases during resessionary times." That is exactly correct, as taught in Econ 101 as long ago as the late 1950s <ggg>, and still very much a verity. Warning - balance is very OT: Of course Keynesian economics also taught that government "pump priming" would end a recession, meaning that increased government spending (even if it meant increasing the deficit) would boost economic activity by letting contracts to businesses so as to put people back to work who'd have greater incomes to spend and thus create even greater business expansion. Currently the greater deficit comes from cutting receipts to government with no increase in government-induced economic activity (except for Bechtel and others in Iraq), in fact, less government-promoted services is the goal in certain quarters. While targeted government spending (whether it's new highways of the Eisenhour era or new electronic infrastructure of the Clinton and possible future eras) does indeed promote business activity and profits and hiring, it has yet to be proven that givng multi-million $ tax decreases causes business activity to increase, even with the token added $ to paychecks due in July or the $400 credit per child. Certainly not much and not enough to lift us out of the doldrums. IMHO Dee Jay

To: Duffeck who wrote (41264)	6/30/2003 9:55:35 AM
From: Greg h2o	Respond to of 42804

<<Seems to me that since productivity is the ratio of GDP per person employed the most direct way of increasing productivity is to lay off workers. Since presumably industry will keep the most productive workers and they will pick up some of the slack so the productivity ratio is bound to increase.>> agreed, but that's only one component of increased productivity. technology has been a huge factor in the increase in productivity. the pendulum usually swings too far in each direction--adding too many layers of fat in good times and cutting into the muscle in lean times.... either way, employment #'s are a great lagging indicator....

To: Duffeck who wrote (41264)	6/30/2003 2:36:15 PM
From: Greg h2o	Read Replies (2) \| Respond to of 42804

so, what do you guys think...? money manager dumping MRV shares because the don't want to be embarrassed when they have to show how the accounts advanced so much on one little fiber optic company during the quarter? <G> lack of news (once again) is a little more than a tad frustrating. lack of news along with a convert and a shelf, needless to say, has investors wondering just what in the hell is going on... especially after such an upbeat presentation at the bear conference....just damn....