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

To: Sector Investor who wrote (7545)	3/3/1998 2:35:00 PM
From: ED PLOPA	Read Replies (2) \| Respond to of 42804

Buy back of stock is not that bad of an idea. 1. Company does have perhaps some excess cash. They already made their acquisition for the year. 2. They sold this stock for 34+, why not buy it back at 22+? Put it away in treasury for future employee stock options. Ed Plopa

To: Sector Investor who wrote (7545)	3/4/1998 12:54:00 AM
From: Saul Feinberg Jr.	Read Replies (1) \| Respond to of 42804

When NN and DEC stopped their OEM orders from MRVC ... did they switch to another supplier? Granted that MRVC lost the OEM orders in Q4 abruptly, can we expect that MRVC's sales channels have quickly offset this OEM order loss? If this is so, then emprically, what is considered "lost" is just the packaging and the boxes, albeit MRVC might have gotten better margins with the transition from OEM orders to direct sales. Am I correct in making such assumptions?