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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: Greg h2o who wrote (38913)5/7/2002 9:02:26 AM
From: kvkkc1   of 42804
 
Interesting that the idea-bankrupt street.com reporter failed to mention that the expected earnings the p/e of 40 was based on is for the current fiscal year, which ends this July. The fy03 earnings estimate is around .45 - .50, which works to a forward p/e of about 26. Still high for the current growth rate, but considering they're the only game in networking town making money, probably the stock of choice in this game.
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