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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: Dee Jay who wrote (7263)2/25/1998 2:55:00 AM
From: Richard Birecki   of 42804
 
Well, I've fgot this to say, I thought that just given the build-up in inventory and receivables, we'd see a down day, but I think this is an overreaction big time!

I bought my first shares last Jan at this same price, and we have increased earnings every quarter. Just looking at that, makes me want to buy more.

That's all I got to say.
The only thing that I really am worried about is the receivables. I know that they said that it relates to the European billing cycle, but correct if I'm wrong, but don't a lot of high growth companies recognize receivables as income to quell Wall Street's insatiable desire for earnings growth?

I dunno, but I figure based on the multiple that it's trading at, it's worth the risk.

Richard

bo Outlaw is at the line
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