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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: Mani1 who wrote (14643)7/26/1999 10:37:00 PM
From: Sector Investor  Read Replies (1) of 42804
 
The street will likely be concerned about the $4 million growth in R&D+SG&A in the back half of the year over the first half.

They likely will worry that MRVC can stay in the black.

Still, with all the good news (and barring a meltdown) I think we move up immediately to the $16-$20 range, then perhaps a bit higher around September with all the RedX vs Redback + mystery startup speculation.

Then my guess is we fall back and retest $15 in the back half of Q3 before moving higher again.

Just my guess. Comments?
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