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

To: ncs who wrote (6786)	1/20/1998 12:04:00 PM
From: signist	Read Replies (1) \| Respond to of 42804

Why would Whittaker sell Xyplex for $35m then at some later date pay $17.5 million dollars for 500,000 shares of stock if they were "unloading Xyplex" Xyplex's management has put together a worldwide sales force and IMHO if MRVC thinks this is positive for the company, one can bet your last dollar that MRVC has not spent a penny (yet)for anything that hasn't furthered their profit potential. During the secondary and at the shareholder's meeting there were references of possible acquisitions. If my memory serves me,Cisco had made overtures to Fibronics when they were attracting alot of attention, then Fibronics narrowly focused on technology that would be needed in the future and their sales dropped badly. I think I read the CEO of Fibronics said they made a serious mistake by not supplying the current needs of the networking community at the time. Look what an asset Fibronics has been for MRVC. If I am not correct Re: Fibronics, please, someone straighten me out on this. John John