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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: Saul Feinberg Jr. who wrote (9605)7/28/1998 4:11:00 AM
From: Richard Birecki   of 42804
 
Saul,

Un posto excellente.

I am no account, but I'll tell you this.

MRV started out TINY, from nothing to where they are now in 10 years. Not bad. I would NOT bet against such smart people like Schlomo and Rav Noy that have such HUGE incentives to grow this company more.

I really believe that trading at 20 times earnings, even assuming 30% growth only, it is WAY undervalued. especially with fiber about to take off BIG time.

There is one predictable thing in this world and that is human nature. It doesn't change. MRV has been clobberred after earningsrecently. CLOBBERRED. People catch on to this and shoot the stock WAY TOO LOW to protect themselves. Too many people caught on. When the masses move in a herd, there are easy pickings for dinner.

MRV is too undervalued. The field is too empty of buyers and it's going to be good grazing for awhile.

As for our esteemed bald headed compatriot, Pinko, you ain't no dummy, but we're about to rub that mark off the top of your head. And tell Gorby that I say "Hi."

Richard

Bo Outlaw rattles home the free throw. May not be a swish, but it went in. He will however dunk on mr. pINK and talk trash on the way down the court.
(Note that pink has a small "p")
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