MRV Communications (MRVC) opinions? Message Board

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?

MRVC 9.975

-0.1%

Aug 15 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Stu Bishop who wrote (11269)	11/24/1998 1:22:00 AM
From: akmike	of 42804

Stu-I don't want you to rely on this information as I am no expert on networking or any other technological enterprise, but I'll try to give you my take on where the stock price is today and why: After 30-some consecutive quarters of sequential revenue increases MRV warned last quarter and then reported lower sales/earnings. Just prior to this event the company had the experience of a 1990's bear raid orchestrated by a Mr. Pink. Significant short activity and the less-than-sterling performance by the company took the stock from the 20's to a little over 5 in a few weeks. MRV contributed to the decline with a poor PR program and fundamental shortcomings including increasing R&D, SG&A, in the face of declining revenues and the delay of components for new products desperately required for new product introduction to sustain growth. Where are we today? The company (IMO) possesses a strong balance sheet,strong technology, and a suspect marketing plan to effect the implementation to complete the transition from a niche player to a total networking solution. Technology may change rapidly and thus , significantly favor the Ciscos,Lucents,Nortels, and Alcatels who have the financial and customer base to acquire what is needed to be competitive: MRVC has demonstrated a capacity to innovate and has the staying power to see if they can fulfill their dream; if they don't- their shortfall may still provide much value to an acquirer from these levels. (the world doesn't care where our entry point is or was) At any rate, I'm a buyer at this level and look forward to seeing where this company goes. This could still be a big win for us and from this price the risk/reward looks very good. (And you have the guarantee that if it breaks in two--you get to keep both pieces!) Best regards. Mike

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next