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


To: Daniel W. Koehler who wrote (6830)1/22/1998 12:49:00 AM
From: Dan Ross  Read Replies (2) | Respond to of 42804
 
Good Point!!! They are hard to come by....... MRVC has been great though with their acquisitions....very strategic in nature....great at execution......

I would like to say the following....

since I invested in MRVC, I watched the stock soar and fall, soar and fall....anyways.....I did take the liberty to sell quite a nice chunk at 35 earlier this summer.....I repurchased a good amount again at 20 this Dec. thinking the stock was undervalued......

However, I would like to raise 1 concern....since investing in MRVC initially, I have watched the # of shares go from 18 million (post splits) too 26 million.....I loved the splits and got the 3/2 and the 2/1....however, they have sold quite a few shares and diluted shareholders interests....this acquisition, IMHO, makes up for the added dilution....

Dan Ross