SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?


To: michael modeme who wrote (8186)4/16/1998 7:17:00 AM
From: cmg  Respond to of 42804
 
MICHAEL.....my biggest concern is the digestion of xyplex.......with the 10k out...I'm more worried........Noam said in the conference call that the acquisition should be acretive by the 2nd quarter.........BUT>>>>>>the one time write off WHICH is COMING could cause this stock to fall write back to 23.....anyone have any idea on how much of a write off mrvc will take.......My guess is close to 6 million...............Will try to call edmund or Noam today?.....cmg



To: michael modeme who wrote (8186)4/16/1998 1:17:00 PM
From: Dee Jay  Read Replies (1) | Respond to of 42804
 
Michael, some of us took some profit yesterday - I did, but not at the high, but I'm still satisfied. If it drops further I'll buy back in, continuing to average down for the next uptick.
Dee Jay