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Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST
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To: delmarbill who wrote (28918)12/18/2000 3:43:52 PM
From: delmarbill   of 42804
 
Net sales for the nine months ended September 30, 2000, increased 226%..

to $14.7 million from $4.5 million for the nine months ended September 30, 1999. Our
growth is a result of increased penetration within the network carrier market
and improved product offerings. Approximately $1.0 million of this increase was
due to the contribution of Jolt Limited's net sales for the period from May 1,
2000 through September 30, 2000 and $1.4 million of this increase was due to the
contribution of AstroTerra Corporation's net sales for the period from July 12,
2000 through September 30, 2000. Sales to iTouch Communications, a subsidiary of
MRV Communications, for the nine months ended September 30, 2000 were $2.3
million as compared to $1.5 million for the nine months ended September 30,
1999.
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