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

To: Grommit who wrote (10590)	9/1/1998 11:48:00 AM
From: cmg	Respond to of 42804

all......I would rather see mrvc invest for the future than buy back the stock today.......noam said that they are building a "foundry" at the Chatsworth location.......anyone have a clue on whats going to be produced there once this is completed........I thought Noam sounded horrible during his introduction which was obviously being read......and cant understand why after such a blunder that the board wouldn't consider moving him out.......I'm not sure he has the vision anymore for this company.....Where was Schlomo at this most important time............Stock going lower imo.....imo..imo..cmg

To: Grommit who wrote (10590)	9/1/1998 12:42:00 PM
From: Bruce L	Read Replies (1) \| Respond to of 42804

<I sold today> Good post as usual. For the first time, it has finally penetrated that MRVC may have a management problem beyond just Naom's stiff delivery and a lack of street smarts. Also good is the thought that it's harder for a small company like MRVC to carry the higher overhead expenses necessary for higher margined networking products. Very sorry to see you go. I won't do the same because: $6.50 book value and a profitable company with good technical capibilities and some POTENTIALLY very promising products. <Q4 profits lower than Q3> I heard just the opposite; that Q4 would be sequentially higher. Can anyone confirm one way or the other?

To: Grommit who wrote (10590)	9/2/1998 1:42:00 AM
From: trilobyte	Read Replies (1) \| Respond to of 42804

Grommit, sometimes selling on not-so-obvious bad news is the smart strategy. However, dumping your stock after the price has ALREADY been pulverized on a day on which everything in any case was destroyed suggests you behaved exactly like many shorts, and mister market (i.e., the big guys) wanted you to behave. You let your emotions dominate. You regurgitated all the short crap that was fed to you during the last few weeks and sold when in fact you should've been buying. The unreal volume of the last few days were MM shaking the tree real hard, to see what would fall. The stock of a company with 5$/share in cash is worth more than 5$, at least in the short term. For the stock to go much further down, now, we'll have to see many more lousy quarters. Downside risk in the short term is low as sellers have sold. Any bit of good news may now have the "unexpected" effect of sending the price higher. So you may sleep better tonight... From your closing comments the end of the world is near! Don't you know it always is when you invest in stocks? Just remember, though, someone is happy with your shares. As for the long term... Noam et al. took this company from nothing to sales in excess of 200 million. They own a ton of shares: don't write them off as so many others on this thread have done. They are not stupid. They may not succeed, but if this is the bet you wished to wage, it should've been done at 20$, not 5$. Trilobyte