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: ForYourEyesOnly who wrote (5708)10/30/1997 8:17:00 AM
From: Sector Investor  Read Replies (3) of 42804
 
They said (a few excerpts):

Q3 Above Expectations; Strong Momentum Going Into Q4;
Maintaining Estimates; Reiterating BUY Rating

On a very positive note, the company indicated that the
current currency crisis in Asia should not have any material
impact on its revenue growth, at least in the near term

Given its small revenue base and low market
share in the region, and its strong product offerings in
switching, we think the company continues to have tremendous
growth opportunities in Asia

We believe both the near-term and long-term outlooks for MRV
remain strong, as a result of a new product cycle in switching
(higher-density versions of 10/100 autosensing switch, Gigabit
Ethernet switch, and IP switch), and an expanding OEM and
distribution base. We continue to think MRV can achieve both
revenue and EPS growth of 40-50% over the next three years, in
part because we think the company has the broadest product
offerings in the 10/100 autosensing workgroup switch segment, an
area which could grow to $4.3 billion in revenues in 2001 from
less than $100 million in 1996, a 95% CAGR according to IDC.

We think the company will continue to strengthen its existing OEM
relationships, and should initiate new OEM partnership with other
leading technology companies.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext