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

To: Dana Adams who wrote (11567)	1/6/1999 1:29:00 PM
From: signist	Respond to of 42804

Hi Dana, I can't and won't argue with what you have to say Re; MRVC and management. If I were to sell now from a tax write-off point of view, it would take 33 years to benefit from tax write-off. I have moved on and lately have recouped approx. 10% of the loss in MRVC. In an attempt to defend myself, I take some offense to your remark about my "unbridled optimism". I would use your own words to describe your posts, in the past, here. I am a big boy and your constructive criticism is well taken but "It's my money and I'll cry if I want too". Having said this I really don't want this to escalate into a pissing contest. I could not resist responding to your reply in a defensive manner considering your past postings of encouragement. It's no sin in this business to be wrong...we just pay real money for being wrong. I have alot to learn to win 7 out of 10. Good Luck, John

To: Dana Adams who wrote (11567)	1/6/1999 1:49:00 PM
From: rascalbythesea	Respond to of 42804

Dana...It's true they only bought back 10,000+ shares on their million share buyback, but they did buy back $10 million face amount of notes at a cost of $5.3 million or about the same amount of money they would have spent on their 1 million share buyback. That purchase also reduced potential dilution of about 400,000 shares and saved them $500,000 per year in interest payments, it also allowed them to bank $4.7 million in profit to write off against their xyplex purchase. On that basis you cannot consider their buyback intentions virtually non-existent. As far as their cash position as of now, they should have about $57 million cash or equivalent and $100 million in 3-5 year treasury notes that can be used to improve the business. The $90 million debt is not due for 4 1/2 years and at 5% interest per year it puts MRVC at a very good cash position(depending of course how they use it). Noam says there are new and leading edge products coming this year, as a long term investor I am willing to give him this year to prove it. Only time will tell. btb

To: Dana Adams who wrote (11567)	1/7/1999 2:37:00 AM
From: ELH1006	Read Replies (1) \| Respond to of 42804

Dana, I have no ax to grind with you or anyone else on this thread. Every person is entitled to his/her opinion. Based on your total dislike of this company and especially its management, and the fact that you apparently have no position in this company, I am curious as to why you waste your time posting here.

To: Dana Adams who wrote (11567)	1/7/1999 4:40:00 AM
From: peacelover	Respond to of 42804

Dana, A person's strength is not in putting down others. Have you ever heard of compassion and humility? "I average 7 winners out of 10, no one is perfect pal. The difference between you and I is that I move on. You, on the other hand constantly gripe and cry over spilled milk. I was only trying to help you piece your life back together. The market is a man's place. Deal with it or lose your savings." I wish someone will treat you nicer when you are down someday. Off to my gym. Peace and good luck. peacelover