To: Mike Winn who wrote (6139 ) 11/26/1997 12:00:00 PM From: signist Read Replies (1) | Respond to of 42804
Hi Mike, Not good news,(possible reason for low RS?) however, do you think this event has already been factored into the stock price or help to explain some of the struggle to begin a bonified uptrend? It sure is quiet over here. I can't believe only 36,800 shares have traded . Everyone must have left for the turkeyshoot when they could have stayed right here. Little humor...everyone...both of you, don't get upset re:turkey :-) This data, alittle background from MRVC's perspectus prior to offering. I am sure you know this but might help others. ------------------------------------------------------------------------------------------------------------------- MRV is rapidly expanding its marketing(HAHAHA) efforts in order to leverage its research and development and production capabilities. The Company's worldwide sales and marketing strategy is focused on five channels of distribution: (i) the Company's direct sales force, (ii) OEM sales and partnerships with major manufacturers such as Fujitsu, Digital Equipment, Intel and Newbridge Networks, (iii) VARs and systems integrators used to target vertical niches, (iv) commission based manufacturers representatives and (v) domestic and international distributors such as Tech Data. The Company has sold its products worldwide to over 500 diverse customers in a wide range of industries, primarily data communications, telecommunications and cable TV. The Company anticipates that these customers will continue to purchase its products in the foreseeable future. No customer accounted for more than 10% of the Company's revenues in 1994, 1995 or 1996. Current customers include: <TABLE> <CAPTION> NETWORK SWITCHING ------------------------------------------------------------------------------------ <S> <C> COMPUTERS AND ELECTRONICS GOVERNMENT AGENCIES - AMP Incorporated - Ealing (Borough of London) - Data General Corporation - Federal Bureau of Investigation - Fujitsu Ltd. (Japan) - MITI (Japan) - International Business Machines - National Security Administration - Intel Corporation - Police Department of Berlin/Potsdam - Matsushita (Germany) - Social Security Administration - Newbridge Networks - US Coast Guard BANKING, FINANCE AND INSURANCE DIVERSIFIED AND OTHER - Bankhaus Rinderknecht (Zurich) - Bayer AG - GE Capital - The Walt Disney Co. - NationsBank - Eastman Kodak - Transamerica Corporation - Tele-Communications, Inc. FIBER OPTIC COMPONENTS ------------------------------------------------------------------------------------ DATA COMMUNICATIONS TELECOMMUNICATIONS - Bay Networks, Inc. - Asea Brown Boveri - Canoga Perkins - Broadband Network Inc. - Cisco Systems, Inc. - Crosscom - Connectware - Lucent Technologies Inc. - Network Systems Corporation - Photon Technology (China) - Nortel - Reltec - Optical Data Systems - Transcom VIDEO AND VOICE COMMUNICATIONS INSTRUMENTATION - Augat Communication Products Inc. - EXFO - C-Cor - GN Nettest - General Instrument - Kingfisher International - Optelecom, Inc. - Noyes Fiber Systems - Tektronix - 3M