Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: WebDrone who wrote (8519)	5/1/1998 3:30:00 PM
From: Michael H. Dragon	Respond to of 42804

Webdrone,as long as we are going to continue onwhat can be done to enhance shareholder value lets look back on the conference call.Correct me if I'm wrong; Noam said he had spoke with an Investment Bank on what could be done to enhance shareholder value.Investment Banks are only interested in increasing shareholder value in a company where they stand to make money.This seems to me to limit the possibilities of what may or may not be done. Mike

To: WebDrone who wrote (8519)	5/1/1998 3:46:00 PM
From: signist	Read Replies (2) \| Respond to of 42804

If you don't mind my 2 cents on this subject I can not see any positive thing that could come out of another secondary for MRVC. If one simply looks at the chart and saw what happen after it's relatively recent secondary and now we are really feeling the resistance in the stock price due to dilution would not this hypothetical secondary just dilute the stock even more? If the secondary was written in Blood and not just a promise that we got at the time, that it would ONLY be used for public and trade publicity to let the world really know and understand this company then maybe some benefit could be realized. IMHO. At the shareholders meeting last Dec. Lip service was given, IMO to shareholder's interest was a serious concern from management and at the CC's IMO the same thing was said. Management is totally focused on technology and sales, period. What's wrong with this you say. Nothing except earning by this company has gotten only a yawn from the street for 33 quarters of impressive growth (consecutive) That's over EIGHT YEARS of not missing the numbers. Losses are only from acquit ions. I repeat EIGHT STRAIGHT YEARS of consecutive,IMPRESSIVE growth and we have shareholder's selling today with new and exciting technology happening as we speak. Spend some Damn money on PR Publicly and let the world know the tremendous assets, expertise, pioneering breakthroughs in this industry, etc, etc, etc,that MRVC possess...then maybe shareholder's will get the support this stock deserves. If you want to be considered one of the leaders of this industry in certain areas, you have to "Look like one of the leaders" not just say you are. Just one Dummy's Opinion! John

To: WebDrone who wrote (8519)	5/1/1998 8:11:00 PM
From: CF Rebel	Read Replies (1) \| Respond to of 42804

Hi WebDrone: MRVC's 10K states that the company takes a straight-line write-off over 8 years for it's goodwill. I believe that both restructuring charges and charges for in-process technology are subtracted from income immediately and continue each reporting period until the total amount is written off (capital loss carry-forwards). Recognizing that you didn't bring this idea up, one of the worst things management could do to "enhance" shareholder value would be to have another secondary. The stock is selling at a huge discount to it's peer group. At the current price, dilution would be onerous and I would be the first to accuse management of breaching it's fiduciary responsibilities. And, these guys ain't that stupid. When you have a secondary, you should be near your highs, not when scraping bottom. If you dilute, you only do it when the price is dear. CF Rebel