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: billcasto who wrote (42267)	12/7/2004 9:10:58 AM
From: NDBFREE	Read Replies (1) of 42804

Cut & Pasted from Yahoo MB. Cannot vouch for accuracy IRG initiates MRVC with a Buy and $6.50 tgt. The co produces optical components, routers, and switches, and a wide range of networking equipment. Firm expects MRVC's supply deals with vendors that were awarded major fiber (FTTx) network contracts to drive substantial revenue growth in 2005 for its optical components division. Firm says MRVC supplies FTTx components to AFC and Alcatel; AFC is the primary system-level fiber-to-the-premise vendor to Verizon and BellSouth. They estimate MRVC will reap $55 mln in incremental revenue by year-end 2005 from the Verizon's FTTP initiative alone. Catalysts include carrier announcements and deployments of FTTx initiatives and adoption of Ethernet-based networking technology.

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