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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: Paul Senior who wrote (23963)9/17/2000 5:22:57 PM
From: Madharry  Read Replies (1) of 42804
 
I think someone should set the record straight on this article- Roberts is entitiled to his opinion of course. but despite all the unethical slants the article doesn't even add up. Normally somebody arrives at a value price in barrons there is some explanation of how it got there.
Even if you look at their own numbers- it is tough to get to $12.50 a share. I think its impossible. Yet the editors of Barrons just allowed him to throw that out that number and leave it there. I wonder if they would be so cavalier if I wrote a letter and explained that I thought dow jones was worth $10 a share becauese inernet low margin sales will cannabalize higher profit print sales. and advertising rates will be much lower for internet driven products.
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