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

To: Sector Investor who wrote (9929)	8/6/1998 5:42:00 PM
From: Steve Lee	Read Replies (3) \| Respond to of 42804

MRV have improved their websites Looks like they've spent some cash on new logos and a whole new layout for their sites at mrv.com & nbase.com A vast improvement which should help the market to take them more seriously.

To: Sector Investor who wrote (9929)	8/6/1998 10:51:00 PM
From: signist	Read Replies (2) \| Respond to of 42804

Hi Sector, I hope you don't mind if I butt in here but can I do a "What if" on this, put in a less articulate way? Sector, I know you know all this. What if: MRVC management had not acquired Xylpex and just remained doing what they do best? In any business, if a company does not change to better service their customers they die. The bigger the customers the more demands are put on any company to be able to service these customers completely or they will go somewhere else at first to seek their needs that you can not service, then Oh...by the way does the bigger company sell the type of products MRVC sells? To avoid this fact, in any business, management is forced or sucked in to spend money for better, different technology, and be able to finance production runs that they may have to wait up to 120 days to get paid. So the point; What if management, at MRVC, saw prior to the Xyplex purchase that earnings where weakening and they had lost two or three very significant customers and did not purchase Xyplex. This quarter would have been a disaster if they had sat on their hands. "Give credit where credit is due" to Quote a fellow poster. I am relieved, especially in hindsight that management does respond to reality and continues to do so, and make the decisions they have repeatedly made Re: acquisitions that all have been very successful. So...So What if we could remove Xyplex's revenue contribution to the bottom line this quarter and we could come to the conclusion that MRVC's earning would have been flat. Xyplex is now MRVC and MRVC is Xyplex, very quickly. The fact is MRVC is a better, improved company,and beat the numbers by a penny. I am not saying it's inappropriate to completely examine the financial statements of the company that we have significant money in. Quite the contrary and Saul and yourself among others have done all of us a great service by doing so. I think this is what Saul has been saying when he has repeated the fact that one should be careful making decisions to invest or not in a Tech company simply by examining financial statements. When MRVC announced the $100 million bond issue, at first I almost threw up. Now in hindsight, this may have been another brilliant decision management made to improve the company, somehow. It didn't help the stock's price any. Their past performance, in this respect, enables me to be able to attempt to sleep at night. Just one person's observation and opinion along with a few facts. John Nice to see green again in the MRVC column, today. Was beginning to think I would not live long enough to see this again. Good Luck to All. Who said being investors or traders isn't hard work?