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

To: Greg h2o who wrote (8417)4/27/1998 4:20:00 PM
From: steve berman  Read Replies (1) | Respond to of 42804
 
Do my eyes deceive me? Down 1/16th? What happened?



To: Greg h2o who wrote (8417)4/28/1998 7:54:00 AM
From: JZGalt  Read Replies (1) | Respond to of 42804
 
Greg,

You were right, I was wrong.

After reading several trusted sets of CC notes, the write offs appear to be legit and warranted. When I wrote about MRVC revisiting the $23 area again I was concerned about weak sales within the industry, DSO's not being worked off to the satisfaction of the analysts as well as the restructuring charge for Xyplex.

None of these materialized in any shape or form to unsettle me now.


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