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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: architect* who wrote (26012)10/24/2000 6:48:45 AM
From: Duffeck  Read Replies (3) of 42804
 
On the other hand look at this data.

S(ttm) P/S CAP(B)
JDSU 1430 51 $96.90
CIEN 712.5 59 $40.50
JNPR 423.6 177 $70.90
EXTR 334.1 33 $10.70
SDLI 287.9 68 $28.70
FNSR 80.5 64 $5.77
CORV 22.9 279 $23.70
BKHM 14.4 242 $117.20
AVCI 7 119 $3.30
Average 368.1 121.3 $44.19

Assigning the average P/S of 121 to LMNE and estimated ttm revenues of $115M yields a share price of $88 based on 157.8M shares outstanding. Picking a P/S on the "low side" of these data say "40" yields a LMNE share price of $29 which incidentally was my guess for the "contest".

duff
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