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

To: craig crawford who wrote (6611)	12/23/1997 7:13:00 PM
From: Sector Investor	Read Replies (1) \| Respond to of 42804

<<I might consider buying back in if MRVC could convince me that they had a credible WDM offering.>> So how many shares are you buying? From the Penn Merchant report last June p.8: "In 1996 MRVC producted a fiber duplexer that permits the transmission of voice and data over a single optical fiber, effectively doubling the capacity of each fiber. Over the last year, the company has worked with a RBOC to develop it's duplexer, and is currently selling this product at the rate of 10,000 units per year. Management indicates sales could increase dramatically over the next 1-2 years and we believe MRVC could potentially sell hundreds of thousands of duplexers each year as fiber creeps closer to the home. On average, one duplexer can accomodate four to eight homes, and each unit carries an average price of $150." "MRVC has developed an optical triplexer (aimed at telephone companies) that can accomodate voice, data and cable TV. This new technology is based on WDM that uses two different colors (wavelengths) of light and the duplexer technology mentioned earlier to triple bandwidth. MRVC is currently working with RBOCs and has just begun to ship sample quantities of it's triplexers. These triplexers cost $200-$500 per unit, with each unit able to handle 4-8 homes. Volume shipments are expected by early 1998." These are just two of their products. They are also developing: "return path lasers aimed at cable TV companies. ... These lasers are installed in cable pedestals (junction boxes outside the home or office) with each servicing 100-200 homes. MRVC began shipping these products in early 1997 with General Instruments as it's primary customer. The lasers sell for about $700 unit." "MRVC PCS/wireless telecommunications products sit at the intersection of wireless and fiber optics, translating RF signals into photons and vice-versa. The company expects to have these products available in 1998, with an average selling price of $500-$1,500 per unit. There are several new market opportunities for this technology, including wireless PBXs and local loop bypass services whereby the RBOCs effective monopoly over the local exchange can be circumvented by wireless local exchange carriers."