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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: Greg h2o who wrote (42058)6/14/2004 2:21:07 PM
From: mahler_one  Read Replies (1) of 42804
 
Thanks Greg...I know the news is basically good, and that the entire sector is weak today. Nevertheless, to be drifting so much lower over the past few weeks ( with virtually no interest ) makes one wonder if anyone is even interested in the prospects for companies in the "MRV space". An analyst friend and I did some rough calculations on the Verizon build out, and if the figures with regards to the component side hold, the prospects for MRV are very bright indeed. So, here we are a few months away from likely being break even, or even cash flow positive, and the stock appears ready to test two bucks. Not much more Noam or anyone else can do. Investors don't seem ready, or willing, to take another chance on companies in this group. Over all very discouraging.

I guess if I were totally convinced I would be buying more at this level. However...

m1
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