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


To: cmg who wrote (8502)4/30/1998 1:11:00 PM
From: Michael H. Dragon  Respond to of 42804
 
Greg, of course I'm saying it tongue in cheek.It was interesting to watch this stock runup prior to secondary and about 3 points higher after secondary. Once the secondary was done this stock had no price support.What I'm saying is BEST help drive up the price of the stock for the secondary and they have been nowhere to be seen since. Noam will be the first to tell you how happy mrvc was with BEST but that is because mrvc officers also sold about 1/2 million shares during that secondary.



To: cmg who wrote (8502)4/30/1998 1:12:00 PM
From: BlueCrab  Read Replies (1) | Respond to of 42804
 
cmg -- <<any other ideas>>

Yup. Let 'em keep growing at the current rate. That will enhance the value of this holder's shares better than anything else they can do. Let's see those revs and earnings keep going up, q to q and year to year. Let's see 'em become one of the Big Boys by taking on the Big Boys. No gimmicks, no frills, no artificial additives or preservatives.

OK, so it's not creative, at least it's realistic<G>

Jeff



To: cmg who wrote (8502)4/30/1998 4:59:00 PM
From: norton kiritz  Respond to of 42804
 
They could simply buy back some shares with some of their existing cash. I would think Noam had something specific in mind when he made
that statement. It would seem as if they have been seriously thinking
about this issue. I have been a holder through several splits, and
they were made when the stock was strong and moving, not when it was
languishing as it is now. Has anybody talked to MRVC about what this
share value enhancement means? Any other ideas?