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

To: ram yariv who wrote (10512)	8/30/1998 7:39:00 PM
From: Grommit	Respond to of 42804

deferred revenue Thanks. OK, perhaps referred revenue refers to a maintenance contract or something which would have to be refunded if they went out of business. But (1) they are not going out of business and (2) I did not exclude the deferred revenue from liabilities, so it was subtracted from cash to get net tangible assets of $4.52 Also add .13 to .17 or so per share to my net assets to cover the profits in this quarter (and I think you subtract depreciation, but let's not quibble over a penny or two). Point is -- NET assets (90% cash-like) of $4.65 a share +/-.