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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: MikeM54321 who wrote (33297)6/14/2001 1:55:29 PM
From: James Calladine  Read Replies (2) of 42804
 
ANYBODY WORSE OFF THAN US.........?

In the middle of our continuous soul-searching and hand -wringing about MRVC, it is perhaps useful to examine:
CORV which is putting in a new 52 week low of $4.25, down from a 52 week high of $114.75. Even at this level it has price/sales of 7.7

In contrast, MRVC is somewhere around $9.06, down from the
52 week high of $82.00, with a present price/sales of 1.88

SO, compared to Corvis, from the 52 week high, they are down by $110.50, but we are only down by $72.94!

Even at their existing level, the CORV price/sales is about
4 times higher than ours!

Let anyone previously seeing me as a perennial Noam-basher
understand my gratitude in being long MRV rather than CORV,
at this time.

Namaste!

Jim
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