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

To: Marz who wrote (10524)	8/30/1998 11:37:00 PM
From: BOGEY MAN	Read Replies (2) \| Respond to of 42804

To those who want to know, I talked to Noam on friday and he said our stock is getting hit way to hard. We have over a 5.00 dollar book valve and we are going to make a profit in the next quarter for sure. I also talked to him about a buy back of stock, and he said they were looking at this, he also told me he has not sold any stock, that the last thing he did was buy stock in the 20's. I also asked him why tell this kind of bad news on a day like this and he said he had no choose but to tell the share holders as soon as they new they were going to fall short of sales. My gut filling after I got off the phone with Noam was I do think they my either buy out another Co. with the cash they have or they will make a buy back of some shares. I also think this stock will go higher I believe If they do not get bought out in the high teens it will go back to the low to middle teens in the next month or after earnings. There is a good chance that someone might buy them out with all that cash in the bank. I hope things get better for MRVC, you might also say a pray for them. Bogey man