Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bruce L who wrote (11741)	1/24/1999 10:45:00 PM
From: signist	Respond to of 42804

Thanks Bruce for your take on Level II. Very helpful to me. Management's credibility still remains cloudy,IMO. When Noam stated that "their cash would be considered dead money" or something to this effect at the last shareholder's meeting then they buy back some of their debt. My point is not that buying back some of the debt was negative at all. They made good money by doing so and it probably will add a few cents to the bottom line, this quarter, but with the self imposed silent period and they tell shareholders one think then turn around and decide the cash is suddenly alive enough to take advantage of a financial opportunity and then announce the equity investment(after the fact), what are we to think? Can someone correct me on this by pointing to a 8k or 10q? Am I just too skeptical from being burned before? Question...When BEST suddenly came out with a hold after the price of the stock fell suddenly and we all were asking what was going on, was this a coincidence? John I am no help with trying to figure out best case, worst case, this quarter. This is the first time I am not over confident or feel the sky is falling, again. Just a guess, FWIW, they may beat the analysts estimates by a few pennies and the stock will take a hit, again. Then, hopefully the healing can begin.

To: Bruce L who wrote (11741)	1/24/1999 11:28:00 PM
From: Sector Investor	Read Replies (1) \| Respond to of 42804

<<Like you (I think), I am skeptical of a loss for Q4.(Apart from a further ramp up in SGA and R&D.)>> Well, if you add in the one time charges category, we agree. I think that one or both of those elements would have to be present. I still have the feeling that if there are ANY charges that they could take, they will take them in Q4. This year is already a loss, and everyone's expectations have been guided (by analysts anyway) to expect a loss in Q4. 1998 and Q4 will be forgotten 1 day after earnings come out, as everyone looks ahead to 1999. What difference is there if they add a few pennies more in charges? The main differences are better forward prospects and one year from now a more favorable year-year comparison.

To: Bruce L who wrote (11741)	1/24/1999 11:42:00 PM
From: Dennis R. Duke	Respond to of 42804

Beside's Bruce there are some very large sized note and warrant holders who will be watching every move management makes and would be the first to stop any management action that might injury their recovery of principle with legal action. We both know these are players of size who will file suit to stop anything wierd. I would assume that they have access to the Company's plans and are not upset by what is going on or there would be some end fighting by now. I agree that management is not trying to milk the Company. The market creamed ASND in fall of 1997 and MRVC got it in fall of 1998. Maybe history will repeat itself. 4x is not a bad return for those that held on to ASND from its low. But I should talk since I am out right now. Later, (-8 Dennis 8-)