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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: Sultan who wrote (42586)10/18/2006 10:59:59 AM
From: sammy the bull  Read Replies (1) of 42804
 
Lotan has been promising for about five quarters now that they will have sustained profitability by Q4 of this year. By and large the company has greatly improved its execution but they do need to guide for profitability in Q4, otherwise this stock probably goes down at least a buck from current levels.
Fwiw- I think the company's network equipment business is smoking and we will see a good quarter with guidance for a profit in the upcoming quarter. If we get this I think the stock has a chance to surpass its earlier high of this year which was 4.60. good luck all.
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