MRV Communications (MRVC) opinions? Message Board

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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: wang who wrote (73)	7/18/1996 12:21:00 PM
From: George Kirlin	of 42804

Anyone know when earnings are due out? I think we need to see .23 cents, IMHO to maintain levels of growth and i think we will get it. This stock has been overvalued and then overso. I don't think $2.00 is beyond possibilities for this co., if the gigi-switch is a big hit. At a pe=20 on $2.00 eps we get a $100 stock by 12/97 or 150% return. There is not much market momentum to get this guy moving higher. I think we need to retest the nasdaqows of 1010-1030 before the market heads higher. Tough call, higher in the long term, short term choppy.

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