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: Sector Investor who wrote (17454)	12/13/1999 12:54:00 PM
From: Greg h2o	Read Replies (1) of 42804

ok, here's the short version from VKCO: Company Update MRV Communications, Inc. * (NASD: MRVC $42 3/8, Strong Buy) Price Target: $166.00 ú We reiterate our Strong Buy rating on MRV Communications, Inc. and are raising our 12- to 18-month price target from $40 to $166 (+291%) per share. ú Reasons for Increase in Valuation: ú Since our initial report in July of 1999, comparable valuations of both public and private peers have increased twofold to fivefold. ú MRV Communications continues to add the necessary partners, management and staff securing sellthrough of its subsidiaries high-end products. ú MRV Communications is making significant progress towards executing its monetization strategy. ú The company's NBase-Xyplex and Optical Access base business is performing well and has several exciting new products including the Red Sea SMS, Linux Switch Router, Zuma Switch Router, Optiswitch Gigabit Ethernet Switch and a complete family of Fiber Channel transceiver modules.

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