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

To: Bruce L who wrote (11081)10/30/1998 10:02:00 AM
From: r q lad  Read Replies (1) | Respond to of 42804
 
I didn't see it personally, but was told CNBC gave a muted response to earnings, i.e.: "stock already beaten up & shouldn't react too much" . This is a HUGE plus. CNBC could have killed this stock today by bad-mouthing.

Holding up pretty well so far..



To: Bruce L who wrote (11081)10/30/1998 2:45:00 PM
From: Tulvio Durand  Read Replies (1) | Respond to of 42804
 
...I agree with Sector Investor that mgmt mishandled and mislead us re the last earnings warning that lead to a 70% decline in the value of our shares. Now it turns out that revenues dropped only 4.7% instead of the 10+% predicted. They also badly mislead us re R&D and SGA

How long will it take for the lawyers to start filing suits?

Tulvio


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