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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 (25435)10/14/2000 12:37:38 PM
From: mact  Read Replies (1) of 42804
 
sector, i think u are under estimating lmne...20-30 is a given at the open imo...we will not have to wait until the end of the yr...even oplk opened in mid 30's(at that time mkt cap was near 5B) in the worst of mkt conditions...during good times, look what nufo and avnx did...but do i think we will run into the 100's?...nope, i do not...those days are long gone...this will not happen because with 156M shares outstanding(will prob price betw. 18-20), lmne will open with a mkt cap near 2.5-3B...if things go well, it could run to a mkt cap 5B, but not much more than that...that was the problem with corv, if they didnt have such a large float and number of shares outstanding, they would have seen 200's by now...but huber made sure he was going to be set for life this time around(bad experience at ciena<gg>) and of course vinod khosla had to get his fair share<gg>...imo, lmne not likely to overtake mkt caps of nufo and avci ...but i can definitely see a run into the 50's as a possibilty within a month of ipo date...imo mrvc will test this yrs high near or soon after the ipo of lmne, but it will not really run until we near the opxs ipo.

mact
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