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

To: Mr. Pink who wrote (10104)	8/19/1998 6:22:00 PM
From: David Semoreson	Read Replies (1) \| Respond to of 42804

PINK said: People said the same thing about ENVY, FPAM, MEDA and other companies that employ, aggresive accountint to manufacture bogus earnings. Pink - wouldn't "over-agressive accounting" result in lower earnings; ie: cumulative retained earnings/book value. A problem would only exist, and what I think you are suggesting, is that (1) they had written down inventory to later sell it at above normal margins. (2) they had written of Normal expenses as one-time adjustments. Is that correct? And, the BIG question: how can YOU or any investor tell the difference between reasonable and unreasonable "adjustments"? Many companies have one-time adjustments; few have 40% annualized growth in a booming industry. Why choose MRVC to single out? good luck and don't shoot the messenger I think we all appreciate an honest discussion/debate. Thanks for taking a more reasonable approach. No messengers get shot. (You wouldn't shoot us longs or Noam for killing your short, would you?) ** David