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

To: Saul Feinberg Jr. who wrote (9801)	8/2/1998 12:44:00 AM
From: Saul Feinberg Jr.	Respond to of 42804

Steve, What Green says is rationally true. Small, fast-growing firms tend to have negative cash flow as they ramp up sales. I didn't use that to make arguments with Mr. Pink, because I personally have a stronger conviction using "the margin of safety" argument. To me, that is less prone to optimism: You are assuming all the negatives, and can still come up with a decent valuation for the stock price. It's kinda like you don't have to know Wall Street nor be an insider to use the "margin of safety" concept. But this argument may not makes sense to everyone, so it really depends. Granted, though, that "high-tech" business, by their very volatile nature, shouldn't be treated same as an ordinary business.

To: Saul Feinberg Jr. who wrote (9801)	8/2/1998 12:44:00 AM
From: SJS	Respond to of 42804

Pink's goal is to create FUD, to scare people into selling their stock. Green's statements are only meaningful if he sticks around. He's got no commitment to stay, and his data is not meaningful at this time without corroboration, as we both agree. Saul, you've been around. In this medium anyone can do anything, be anything at anytime. You can be 5 people on Yahoo boards at the same time. Many people post under multiple personalities. I don't know if people chronically do that here, but it's certainly possible. Let's see how and if his participation continues....and the veracity of his proposed statements. Regards, Steve