skeptical of MRVC management and this sentiment will not change until MRVC execute its first spinoff. MRVC's shareholders are sick of seeing optical component companies with much less sales enjoying higher market cap than MRVC's whole company. I am still waiting for the management to execute and my neck is getting longer and longer.
Fiber Optimism Nortel, Lucent, and Cisco are battling to win the high-stakes fiber-optics game.
By Lee Bruno From the June 2000 issue
"What this optical transformation means to consumers is simple: Internet access speeds 60 times faster than today's fastest copper wire connection, a 56-Kbps modem. One optical fiber can carry 130,000 simultaneous phone calls; several hundred fibers are bundled into a single cable. You do the math. Once this high-speed thoroughfare is in place, a whole new class of services and applications will be possible, including entertainment-quality video on the Web, interactive TV, the eons-old idea of the videophone, and streaming media that won't choke every ten seconds."
Mr. VC called Mr. Street and asked "why are you so unfair to me, my cap is a fraction of what it should be". Mr Street said "I give your best company Luminent a PSR of 15, which is reasonable in this market". Mr VC asked " what about other assets?". Mr. Street said "what other assets?".
What about Zaffire? Mr. Street said "no fire yet" What about Charlotte Web? Mr. Street said "lot of web still" What about Jolt? Mr. Street said "too foggy right now, no big boy's alliance yet" What about Nbase? Mr. Street said "Is that N means NOT?" What about All Optical? Mr. Street said "Too much light, not focus ye" What about Optical Crossing? Mr. Street said "Too much light spreading all over the places" What about Zuma? Mr. Street said "Is that Z means Zero?" What about CES? Mr. Street said "Are they stand for Cheap Equipment & System?"
In the end, Mr. VC said "Mr. Street, you are a mean dog, what can I do to get you like me?". Mr. Street said "you need to clean your house and put things in order. Right now, all I see if too much smoke, fog, lights scattering all over places that make me dizzy. When things are clear up, I will like you again.
SDLI went up 24+ points today, that gain represents more than MRVC's entire market cap. Since at least part of SDLI's increase was due to extension and expansion of an agreement with JDSU, I guess it goes to show that stock prices do react positively if your selling more products and publicize it.