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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 (42066)6/15/2004 9:52:49 PM
From: Ronald D. Stange  Read Replies (3) of 42804
 
Hi Greg-

Of course, my SG&A is too low! but I did econometric analyses for AT&T 125+ Phone Center Stores in CA and NV for 3 years and I did work the numbers for MRVC this quarter <g>.

Wish I still had MRVC's Annual Reports from '96-'00, but I didn't think I would be a shareholder again<g>. Maybe I'll head out to Chatsworth in the next month or two; use to speak with Edmond Glazer occasionally (cursed 9/11). Seems like the GMs were 36-39% during those years, but I don't recall the SG&As.

But seriously, they have to get the SG&As below 24% (as they did in 4Q03). If Texas Instruments can have SG&As of 11-12%, I don't see why MRVC can't lower theirs. NL does have an MBA!

RDS
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