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

To: Len Roselli who wrote (10440)	8/28/1998 11:16:00 PM
From: signist	Read Replies (2) \| Respond to of 42804

WebDrone and Len, Thanks for the warm consideration you guys have displayed in regards to just one ...no make that three individual investors in my family. We invested our money in MRVC for certain purposes and we will have to wait longer than we thought, but we will be ok. It was my intent by posting the letter I wrote in response to my daughter's concern this am regarding MRVC today that there are real-life consequences that can result from those in control of this company which IMO have really little respect for the individual investors in this company. The hardship that has been placed on my family is really my responsibility alone. I know the risks in this business and like most all of us have experienced real pain due to outright fraud in another stock I have been in and that CEO went to jail. In that case, I did not do my homework and learned a hard lesson. In MRVC,I spent hundreds of hours reading about this technology and personally met management face to face and have voiced all of the longs concerns that market recognition, and marketing MRVC's name as a viable, responsible, WELL KNOWN company by not just people in the trade was and still is a key ingredient in any company anywhere to continue to grow and thereby supporting the shareholders that supported them. I am not saying that this caused this situation. It is obvious we have been in a full fledge bear market for some time and we have all watched many well known companies get whacked when they disappointed the street. But MRVC's lack of understanding of what the street needs to hear, even when bad news has to be disseminated helps soften the negative responses, in most cases. IMO management must be paranoid about releasing any information that may be construed by someone as hype and the results may create lawsuits. They just seem to be paralyzed by fear of something like this. What really alarms me now is the real long, die-hards that have been so reassuring are really displaying serious disappointment with management. Maybe this experience will be the slap in the face we all have wanted for management to wake-up and get real in this world. The most brilliant scientists sometimes are so intelligent that they can't change a light bulb. In this case they'd better learn real quick. Best Regards and Good Luck to All John LoBianco Jr