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

To: ForYourEyesOnly who wrote (6021)	11/15/1997 11:12:00 PM
From: J. Conley	Read Replies (2) \| Respond to of 42804

Here is the post on AOL to which you referred. If I knew Noggin44 was calling the company and posting the info, I would have reviewed his comments and called later.:) Subject: Re: What We Need Date: Fri, Nov 14, 1997 22:00 EST From: Noggin44 Message-id: <19971115030001.WAA22408@ladder02.news.aol.com> Randall, I did call MRVC this morning and had a good session with the IR department. I am still waiting on some information that I feel is very important, but here are some answers for you. Granted this may not be what you are wanting to hear, but its the company's response. Please note the main topic I tried to go over can not be discussed yet. Nothing secret, just waiting for a response. As usual, I do try my best to keep accurate notes and the essence of the conversation kept in tact, but I am not the speediest note taker. Q- The Asian influence is reaking havoc on the entire tech sector. What is the breakdown of sales internationally and domestically? A- 40% Europe, 14% Asia, 4% the remainder of teh world excluding US, the remainder is domestic sales. Q-With 14% being taken up in Asia, do you foresee or have you experienced any slowdown in sales or projected sales? A-We have been and continue to grow like crazy in the Asian market. We have experienced no slowdown, in fact our sales are doing quite well. Q-With no slowdown in sales, is there or will tehre be any attempt to relay this to the financial community, so they know that everything has remained in tact for MRVC's business? A- There are no plans at all to say that we are have not been effected. I can understand your concern, but we do not have a policy of releasing information saying that all is fine in a market. We would release information if we were experiencing problems, but not to say that we are continuing in business as usual. Q-Several Questions asked about Direct IP. The answers were that they were satisfied with sales and that the potential remains very good. I have my own take on Direct IP. I do not feel that it would benefit anyone with my speculation so I will let this one slide. Q-Last time I spoke with you, you appeared to be very excited about the Fiber products and the joint applications in networking and fiber products. Do you still have the same optomism? A-Yes. We are still joint developing products with Bell South. We are working on several new applications in several fields. (My appologies, I didnt write them all down but the list was long). Q-In the recent days I have been trying my best to find comparisons in the networking products by NBase versus the other manufacturers. Is there anything out there that could give me an idea how NBase stacks up against the other networkers? The only information I can find is dated back to last year. A- The question was evaded. I am assuming it was due to the press release that came out today. He did say he would check if there were any sites on the net that we could get comparisons, but the latest piece of news was great start. Just some thoughts- While I do not wish to say yet what the other topic was that we discussed, the main item about Asia was addressed to my approval. Not only is NBase doing well but they are actually continuing growing in the Asian market. While some seem to be struggling, Nbase is prospering. A lot I am sure would have to deal with secure contracts, and government dealings, but thats just my speculation. Randall, I understand completely your concerns with wanting MRVC to announce that they are doing fine in Asia. Their logic appears to be that they do not want to attract attention to the Asian problems. It sounded to me as if they were almost afraid of opening a door that doesnt need to be opened. Or in other words keep away from that which is doing well. Your illusionary quote on your post appeared to hit the nail on the head Randall, since MRVC/NBase is doing great over there. We all have to keep in mind that MRVC is not one of those companies that give a press release unless it is absolutely mandatory. Just watch XYLN as a company that appears to do just the opposite. At every drop of the hat XYLN issues another release. It hasnt held their shares up any better than MRVC's in the recent weeks. To sum it all up..... business wise, it appears MRVC remains in tact once again. Ultimately, the goal is to grow business, and if Asia proves to continue to be prosperous, it appears that 14% of MRVC's business will remain in tact. The number that did catch me a bit off gaurd was European sales. For those that have a better memory than I, is it my imagination or has this percentage increased? Hopefully next week I will have a response on the missing piece to this. Until then, have a great weekend all. Sam