MRV Communications (MRVC) opinions? Message Board

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Technology Stocks : MRV Communications (MRVC) opinions?

MRVC 9.975

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Aug 15 5:00 PM EST

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To: Duffeck who wrote (38924)	5/8/2002 9:16:44 AM
From: Greg h2o	Read Replies (2) of 42804

<<<<Hell will have frozen over by the time MRVC can issue a release that is similar in substance (earnings) and tone>> Lets see a year ago for the June Quarter MRV lost $1.24/share. What do they have to do this June in order to "triple" those earnings?>> here's my take on the csco earnings...a little abstract, but i have a decent basis for my thesis.... i recently visited a friend who owns a network company on the edge of bankrupcy. his shelves were lined with csco equipment. i asked him about giving the equipment to a charitable organization. he said, the best use of the equipment is for the trade in value. csco would give totally ridiculous trade in allowances for the antiquated equipment on his shelves in order to get the resulting full revenue sales. it makes me wonder how much of those sales came from similar situations. if they give an allowance of 70% for the trade in value, my guess is they're still showing full revenue for the sale....

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