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


To: signist who wrote (10723)9/14/1998 1:18:00 PM
From: Phil Rosten  Respond to of 42804
 
Isn't MRVC supposed to be on a road show to prospective new investors this week? Anyone know how/if it's going?



To: signist who wrote (10723)9/14/1998 1:34:00 PM
From: Sheldon Feinstein  Respond to of 42804
 
My feeling is that something is going on. Even allowing for managements incompetency, they have been remarkably silent.

The delay of the shareholders meeting could hopefully portend a deal, which I believe is our only hope. Or it could portend more problems, accounting, etc., which would finish the stock off.

I am trying to verify that the road show is still on. I also hear that a group called Provident has filed to buy 5%, and that these guys are bottom fishers who will attempt to put the company in play.

Again I think the only hope is a buyout, and it's hard to believe these guys can't see that at this point. I don't believe there is any longer any hope of a viable independent existence.

There are so many people like us waiting to bail that any substantial upward movement seems highly unlikely.

SF