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

To: Saul Feinberg Jr. who wrote (9785)	8/1/1998 3:02:00 PM
From: Ronald D. Stange	Read Replies (1) \| Respond to of 42804

Saul: This is a post on the YHOO thread from mike9798.. <- Previous Next -> Message 6312 of 6321 Reply techmaven, mike9798 (26/M/nyc ny) Aug 1 1998 12:36PM EDT i agree that taking all the charges is good. I am just not sure what would cause accrued restructuring charges (basically expenses MRVC owes, but havent paid) that amount to 23 million. In other words, say you eliminate a product line. What kind of restructuring charges are associated with that? (as for inventory write-offs of obsolete products, is that included in restructuring charges, and not under inventory still?) I suppose job cuts and layoffs is obviously an accrued expense, retraining of employees, legal and consulting fees, closing of warehouses and production facilities. But do you think 23 million is a little bit excessive for a company Xyplex's size? thx in advance, Would you be able to comment? TIA, Ron