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

To: J. Conley who wrote (9396)	7/13/1998 11:48:00 AM
From: CF Rebel	Respond to of 42804

All, Of some relativity to us re: ASICs: eet.com CF Rebel

To: J. Conley who wrote (9396)	7/13/1998 11:55:00 AM
From: Dee Jay	Read Replies (1) \| Respond to of 42804

J, many thanks for the insight re writeoffs as utilized by Cisco - which of course gets no criticism for its methodology. I believe you've provided very important perspective on this issue. Dee Jay

To: J. Conley who wrote (9396)	8/2/1998 11:17:00 PM
From: J. Conley	Read Replies (2) \| Respond to of 42804

Just to affirm what Saul and others have stated regarding a company's value that may not be apparent from the financial statements, consider this: A poster on the shorting thread, mechanical aspects, (here on SI) recently implemented a method to screen for short candidates. He screened for companies that made both Value Line and Zack's worst ranking (indicating extremely poor price, cash flow, and earnings momentum). BTL met the screen; he shorted. That week, BTL closed one day at approx. 36, and opened (and closed) the next day at approx. 68. Obviously, there was value beyond what you could determine from the financials. The stock met the screen, and was trending down before opening at 68. Take a look at the chart. Given management's style, MRVC is not likely to announce any news of merger, alliance, takeover, etcetera, prior to us waking up one day and reading the news. I am not suggesting anything, but the possibility is very real. Mr. Pink likely has the means to weather such an event, but some others following his trades may get hurt. Is the risk worth the reward? This is not one I would be shorting to gain a couple points. Just my two cents. jc