Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tejek who wrote (146895)	5/5/2002 11:55:07 PM
From: Mani1	Read Replies (1) of 1573716

Re <<They produced too much inventory.....>> Yes they did. I did not know that producing too much inventory is being a pig. Sorry, got confused :) Re <<Huh? CIEN had $1.6 billion in sales last year; MRVC had $330 million>> Goodness, I am talking about sales/share ratio. Net sales is not relevant. You must have gone to Paul Engel school of finance. Re <<Maybe my math is whacked...liberal math and all, you know....but I get that CIEN is cheaper by a country mile. However, by your comparison JNPR is 50% more expensive with $900 million in sales and its stock trading at $9.>> Not fuzzy math, but it does ignore the very fundamental in investing, which takes into account the number of shares outstanding. Re <<As for margins, again, Huh? In the last quarter, MRVC had a Gross Margin of 19%, CIEN's was 40% and JNPR's 54%. These numbers are from Market Research.>> Gross margin is nothing, you can do all sort of fancy accounting with Overhead and SG&A. Always consider net margin. You should be concern about the revenue levels that will result in positive cash flow. Ciena is ok, but more expensive than MRVC. JNPR is a pig (meaning it won't fly) that will get slaughtered by CSCO. Look at their revenue drop compared to CSCO. CSCO is gaining back all the shares it lost in 1999. Mani

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next