SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: STU who wrote (4188)7/11/1997 2:41:00 PM
From: Dan Spillane   of 42804
 
So a P/E of 50, that is 50 times FY 98 earnings seems reasonable for a growth rate of 50-100%. 50*1.32 = 66 dollars a share. However, figuring in the additional shares from the secondary, I'll bump that down by 10%....so around 60 dollars a share seems fair. BTW my P/E of 50 is completely reasonable given FY98/FY97 (1.32/.87) growth rate. The trend in certain (but not all) networkers seems to be a return to valuations reflecting growth prospects.

Dan

***

You said:
"away the $.19-$.20 that the street expects; and again well over 100% in year over year ."
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext