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


To: Bruce L who wrote (11518)12/23/1998 5:10:00 PM
From: rascalbythesea  Read Replies (1) | Respond to of 42804
 
Hiya Bruce, I would just like to point out that one of those buying periods where the window was open for the 3 amigos to buy stock has come and gone with no buying or thankfully, no selling. The next one will be in February and in conversations I am having, I have been told it's not the right time yet.

Frankly, I don't know what that means. It sounds like they know the value of their buying at these levels but they may not have the confidence we as shareholders have. It would seem to me they should be accumulating here even if the company isn't going to recover until summer. There has to be some creep in the price of the stock from now until June.Unless they do not have the faith that they can recover the growth of MRVC with the products they are working on.

They are trying to speak, but they say nothing. And that's where I become befuddled. I realize they own a lot more stock than I do, but I hope they are not as confused as I am right now.

Buying up the $10 million in notes at 53% was a good move for the company, but I don't know how fast anyone will want to buy notes from them again. I hope we can get some clarification shortly.

Anyway happy holidays to you and yours.

btb