MRV Communications (MRVC) opinions? Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: akmike who wrote (14270)	7/4/1999 10:29:00 AM
From: Stu Bishop	Read Replies (1) of 42804

Hi Mike, Regarding: "Sector, if this company is even half as good as we think it is then why is it valued so cheaply by the marketplace?" It's not valued cheaply. You're comparing to IPOs which are grossly overpriced. The question is why does the market value the IPOs so highly? If we had better earnings visibility, that would certainly help. What are the estimates for this year and next? I think $0.15 and $0.52 now. That puts us at a trailing P/E of 89 and a leading P/E of 26. That might be a little low, but not terribly. Market Guide has their long term growth estimate at 25%. Elsewhere I've seen 32.5%. Hopefully, we'll continue to have positive news, and upgrades, and raising of estimates, etc. Otherwise, if we continue on the current track, I see the upper teens this time next year as a fair valuation. I'll be very happy to find out I've grossly underestimated their mid 2000 price. Best of luck to us all, and happy Independence Day! SPB

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next