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MRV Communications, Inc. Message Board

  • scotchonmyicecream scotchonmyicecream May 19, 2005 2:47 PM Flag

    Yahoo is showing that has mentioned MRV in an article that was released at 2pm.

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    • " This stock reminds me of a little bird with a wounded wing "

      This stock reminds me more of a big bird - the Emu - a flightless bird.
      Quite simply, this company is weighed down by having too many ventures that don't make money -and that's what keeps it from flying.

      They need to focus on high-margin products and where the numbers don't work , they need to either fold or sell out.

      A big lump of coal can produce a diamond but it takes alot of pressure. Somebody needs to put pressure on management to get results in the interest of the shareholders. I'm not concerned about the TLAB stumble as much as I am about how they position the company going forward. Focus on high-margin products and grow that biz . Don't chase growth opportunities when they yield no profit.

      The focus has to be on profititability.


    • When everyone hates them that's when you're supposed to buy them, right? The problem I have with that is this stock couldn't get above the 3's with a profit, and on a price to sales basis couldn't even catch up to the sector average. My point is that it's been a hated company for a long time now.... and now it's despised. So what can we hope for here, a rise back to the comfy level of just being hated? As stupid as that sounds it would be 100% higher than where we are now. This stock reminds me of a little bird with a wounded wing and a wounded leg stuck helplessly in the middle of a busy highway....can it make it to safety to heal and fly again....or will it be squashed?

    • When a stock loses half its value, it's a normal reaction to be disgusted .
      Can you react in any other way ???... It was very fortunate for me to be holding MRV at $3.40 , only to see it lose 50% of its value in 2 weeks time ! Wooooo hoooooo !!
      It's also very likely that the CC was not up to his standards of Professionalism - a point that others on this board have made.
      So now the dejected holder lashes out and calls management "bozo's" .
      I haven't read the article but if it went down that way , I could see that.
      The relevant question would be ... why does he still own shares ? Other than believing they will be worth more eventually .
      I'm not paying money to read a blurb of somebody venting their frustrations.

    • No, it was Marcin...title is "cyclical trade"...below is the can also just enter MRVC in the search field and it pulls up all articles on MRV...two yesterday...both negative:

    • hey scotch snippet - its the ditch diggers that will benefit is the upshot - if its not from cody its valid input. I still think he sucks ( sorry for the cody fans)

      john markham says

      As an investor, this is what you call a secular trend -- something that will last a long time and not just go away no matter how lousy the economy is, who's in control of Congress, or whether China ever buys another rail car full of coal. After several years of shoring up their balance sheets, the phone companies have the money to do this. They have bitten the bullet and are digging in.

      Now the weird thing is that the best way to play this as an investor is not through the stocks of the phone companies such as Verizon (VZ:NYSE) ; they're just spending money. And it's not via stocks of equipment suppliers such as JDS Uniphase (JDSU:Nasdaq) and MRV Communications (MRVC:Nasdaq) ; advances in technology have led the phone companies to need much less equipment than anyone guessed five or six years ago.

      The one thing that cannot be made obsolete by technology, or wished away, is the biggest cost of all in this whole gigantic operation. That is the labor required to drag lines from phone offices to homes. The best way to play this massive high-tech secular trend is through the companies whose technology is almost Stone Age: picks and shovels and some test equipment.
      All About Backlog

      The business for these ditch diggers and pole climbers such as Mastec is incredibly cyclical, so there are two things that drive their results as public companies, according to John LaForge, manager of the SRQ Capital hedge fund in Florida: backlog, and the pricing of the backlog. And both are really strong right now. For one thing, back in the 1990s, there appeared to be so much demand that there would be as many as 70 mom-and-pop firms competing for every job. The telecom depression put most of those companies out of business, so now there are just five to 10 companies competing for the Baby Bells, and of those, only a handful are publicly traded.

      Now if this is so obvious, why aren't the stocks already bid to the moon instead of not far from their lows? The answer is that it costs these companies something to ramp up their business -- and it takes a while to get permits from cities to do all the work. In other words, these companies have to hire a lot of people and buy a lot of trucks and shovels and test equipment, and make permit applications -- and then wait for cities to give them the go-ahead to start work.

      What that means is that there's a mismatch between expenses and revenue, and Wall Street hates that. Investors just despise "lumpiness." They want a company to get immediate returns from every dollar they spend, and when that doesn't happen, they sell the stocks. So right now the market is just giving people who can look beyond the next six months a great gift, an opportunity to buy these stocks before the money starts rolling in.

      One of these construction firms called its backlog "massive" in its last conference call, and noted that the backlog would be even bigger than they're publicly listing if it were not for the fact that they don't want to scare cities with an overwhelming number of permit requests.

      Mastec -- which I first wrote about last June, then in July, August and November, reported a $12 million loss in the first quarter. Although it was negative, it was a lot better than most people expected, and way better than its $46 million loss last year in the first quarter. Revenue rose to $218 million from $195 million.

      What was compelling was the company's statement that it expects to finally make a turn to profitability in this quarter, and that despite its accounting problems last year, its new management had persuaded banks to increase its credit line to $150 million.

11.850.00(0.00%)Oct 27 3:49 PMEDT