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


To: WebDrone who wrote (9597)7/28/1998 12:35:00 AM
From: Mr. Pink  Read Replies (4) | Respond to of 42804
 
MRVC scam continues. Upbeat release masks horrors of weak quarterly results.

Sales below estimates despite Xyplex acquisition.
Meaningless earnings number in line with est. due to lower tax rate.
Accrued liabilities drop 15Mm accounting for all gains in quarter.
Where's the cash?
Company continues to burn cash.

Further analysis after 10Q is released

mr. pink encourages all to stay/get short.

Mr. Pink knew Bay Networks and you, MRVC ain't no Bay.

Mr. Pink