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

To: Michael Dunn who wrote (9249)	6/30/1998 6:10:00 PM
From: Michael Dunn	Read Replies (2) \| Respond to of 42804

I tracked down the latest copy of Infrastructure in order to find the comment on MRVC. In order to avoid plagerizing I have paraphrased and condensed it below. <<This month we are selling MRV Communications. The company is burning through cash despite good revenue growth. The recent debt deal was seen as "junk equity" in a recent Wall Street Journal article. This deal will pad the balance sheet for a few more quarters. Some insiders bought recently but they were only buying a small percentage of what they sold in the not to distant past.>> I'm still long, but since I respect the opinion of Infrastructure I find this extremely disturbing. As much as I hate to say it, Pink may have some valid points. Mike