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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: Dan Ross who wrote (958)12/4/1996 12:08:00 AM
From: John Galt   of 42804
 
To All from Individual Investor

YEAR-END WRAP-UP (Posted 12/2)

MRV Communications' shares were up as
much as 400% last summer, in reaction to
a newsletter recommendation and general
excitement regarding the LAN-components
sector. But its multiple of 84 times expected
earnings was too high to sustain. MRV
deserves high valuations, however, and
there is always the chance that it could be
bought out. This stock will likely continue its
ascent, but be warned--it is subject to big
price swings.

(posted 12/2 with MRVC trading at $24.00)
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