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

To: Jim Miller who wrote (9926)	8/6/1998 4:45:00 PM
From: Greg h2o	Respond to of 42804

< . What's the plan for the 100 mil?> I know this isn't as sexy as a $100mil acquisition, but has anybody ever thought they may need the money for product development and actual production to meet demand? Yes, the money surely could be used for an acquisition. They certainly pushed the deal through pretty quickly. But I don't recall anyone at the company suggesting this was the end-use of the funds. Of course, they usually don't suggest anything, which is part of the reason the stock continues to languish. If they'd just get rid of these uncertainties, maybe the stock could move up.... greg