MRV Communications (MRVC) opinions? Message Board

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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: Ernest Emerick who wrote (1158)	12/12/1996 12:16:00 AM
From: KOVICH	of 42804

Earnest, 40 by the end of 97? Are you crazy?I would be dissapointed if the stock wasent 40 after the next earnings report.Earnings estimates are just opinions.Analysts last year thought DELL would do 2.75 and MRVC .35. DELL did 1.50 last quarter alone,and MRVC is beating their original estimate by 32%.MRVC's estimates are just one firms opinion.I would be dissapointed if MRVC didnt trade at 70 times 1$ for 97 and 35 times 2.00$ for 98, by spring.Why shouldnt MRVC keep growing at 100% for the next two years especially with INTC and fujitsu behind them? THE SP 500 is only 16.9 times 97 #s with maybe 10% growth over next 12 months.This dip is just another chance to buy.Tech acted great today and MRvc was no exception. Off 5/8 on light volume dow down 80.This stock wants to go higher. KOVICH

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