MRV Communications (MRVC) opinions? Message Board

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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: Greg h2o who wrote (15790)	9/16/1999 3:48:00 PM
From: Bridge Player	Read Replies (2) of 42804

From a post on the RBAK board: << The Street is playing the stock's momentum. Brean Murray, the only brokerage that submitted a First Call report on the stock but didn't underwrite its IPO, raised its target price to $195 two weeks ago, based on an estimated 40 times 2000 revenue and its "good positioning" in cable contexts. >> Message 11169303 40 times 2000 sales? From a 1-product company? With a market cap ~4 Billion? How do these people get the nomenclature "analyst"? Is a 3-6 month lead time to market worth this kind of valuation? Is this a bubble or what? The "greater fool" theory personified? It is hard to shake the opinion that some of these companies are going down 90%+ from their highs when this market breaks. I just hope they don't take MRVC down with them. BP

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