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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: WBendus who wrote (2513)3/14/1997 3:47:00 PM
From: Seth Leyton   of 42804
 
Wayde the problem with your theory is that the company DOESN'T announce their contracts. They have announced strategic alliances and that Intel has bought and may buy shares in the future. They, to date, have not announced contracts because they think that those types of releases are hype. This is a major mindset. They think it is hype and that they are above such releases. Of course Motorola will release even a contract as small as 15mm and they are a 32.5 billion dollar company but Noam thinks their strategy will work. That sales will win over news. The company has doubled it's sales since last year and the stock has been in the same price range since June. We will again, have to do something incredible to break 30. Call Noam and tell him if you agree.
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