SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sector Investor who wrote (14429)7/12/1999 9:45:00 PM
From: WebDrone  Read Replies (1) of 42804
 
**OT rambling for a threadlet-

I'm looking at NEON, and what an asswhipping that stock is taking. I'm still digging, but here are some thoughts-

a) Neon's price is like $17.50, book value is $9.20, and price/sales is still a whopping 5.72 with negative earnings. They could drop a long way, yet.

b) Cash is $167Million, no debt. That will make you say "Howdy!"

c) Only 3 days on the short ratio, so there is not much cushion.

d) Now the class action suits are starting to rain down.

Questions-

1) Do any of the regulars here follow NEON?
2) Why didn't MRVC get sued when we tumbled? Not that I'm complaining!

both MRVC and NE are Deleware corporations...

I guess I'm trying to learn on somebody else's misfortune, for a change.

Web
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext