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

To: Sector Investor who wrote (6641)	1/1/1998 7:30:00 AM
From: Jerome Wittamer	Read Replies (2) \| Respond to of 42804

>>$70M * 5.5% for one quarter is $962,500. Divided by 25.9M shares, this comes to 3.7 cents directly to the bottom line. This certainly should minimize any risk, IMO. What do others think?<< Well what about the dilution factor? Wouldn't it hurt the previous estimates? Just asking, I don't have a clue as I am a newcomer. Does anybody here have a contact with the company? I'd like to know cause: Here in Belgium a relative of mine is a director in around ten companies including monopoly electricity company, Cable-TV distribution company, ... i.e. the two companies which have drawn thousands of kilometers of optical fiber in the last two years. These companies are said to enter into competition with telephone companies to distribute voice, data in addition to video. When we talk, he keeps telling me we are one of the most optical-fiber wired" country in the world. Yesterday, talking about MRVC's products he told me that the market for connections of these fibers to the homes is HUGE HUGE HUGE in Europe, the race has already begun for quite some time but they are heavy buyer of that kind of equipment, especially if it's high-end and competitively priced. He told me they are currently buying Sony products, he couldn't specify what. Also he keeps telling me that they have a big problem buying WebTVs to place in "pilot" cities, they sent people to Comdex,...and the problem is no product is for sale yet. It seems they are going pretty fast in all sectors of this market which means that the company which can bring what they want will get the contract (MRVC for instance). He also told me MRVC's optical triplexers were cheap at a cost of $200-$500 per unit, with each unit able to handle 4-8 homes. This would be good with volume shipments of these expected by early 1998! Looking forward to your comments...it'd be good to tell this to MRVC