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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: Renee Scherb who started this subject6/19/2001 8:18:14 AM
From: James Calladine   of 42804
 
PRICE/SALES RATIOS OF MRVC AND RELATED STOCKS
Market Guide Data from Yesterday's close

NT .86
MRVC 1.43
GLW 1.55
NUFO 2.78
AVNX 3.02
JDSU 3.22
LMNE 3.26
SCMR 4.64
CORV 5.40
AVCI 6.98
CIEN 9.14
JNPR 10.45
FNSR 11.02
SONS 28.09
ONIS 28.12

Interestingly, the market is putting MRVC in a similar
price bracket to GLW, and LMNE pretty much at the same level as JDSU.

A number of these stocks put in new 52 week lows yesterday.
It seems the combination of financial information from JNPR, NT AND JDSU has spooked the market relative to optically-related issues.

Futures market suggests a pretty good bounce at the start of the day, but it feels as if there is more downside left in the immediate term.

Namaste!

Jim
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