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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: Trader X who wrote (2601)3/20/1997 7:33:00 PM
From: Bill Harmond   of 42804
 
From tonight's 3Com earnings release:

"At the same time, our industry is in the midst of many important transitions," continued Benhamou. "These transitions include the adoption of higher-speed technologies, new paradigms for switching and routing network traffic, and more volume-based pricing and distribution. While these changes are all positive for 3Com and the industry in the long run, during the current quarter our results reflected increased price competition and a pause in industry demand as enterprise networking customers and network service providers assess how best to maximize their networking investments."

biz.yahoo.com
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