SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ron B who wrote (5539)10/22/1997 10:40:00 PM
From: J. Conley  Read Replies (1) of 42804
 
Ron,

As of today from Zacks, inc. the date of the last update:

Bear Stearns BUY 10/08/97
Pref. Tech. STRONG BUY 10/07/97
Volpe BUY 10/02/97
Oberweiss BUY 09/27/97

Maybe Zacks has not yet updated this info., or one of the buy ratings is categorized by Zacks as a moderate buy. Why the 3 strong buys and 1 mod. buy, I don't know. (If anyone has differing info., please post.)

Penn. Merchant also has an analyst following MRVC, Charles Robins, he issued a buy rating in a report dated 5/30/97. Zacks shows PM's last update occurred on 06/02/97 but lists a N/A as PM's recommendation on that date.

It appears the year forward estimates are jumping around a bit. I think that investors (and some analysts) are not, in general, real confident in the networking sector. IMHO, that sentiment will change...and fairly soon.

I noted that Zacks now has MRVC rated 9 out of 76 in its group.

jc
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext