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: Dana Adams who wrote (6155)	11/30/1997 12:14:00 AM
From: Mike Winn	Read Replies (1) of 42804

Dana, I forgot to comment about BA. BA has already announced that they will have losses for the next 2,3 quarters while the company upgrades its production facilities and takes care of the merger. After the next earnings release, Yahoo and other financial publications will start to show a PE of N/A. When ill informed investors see a N/A PE for a couple of quarters, they will start to dump the stock. That's my current prediction but of course, you will have to play by ears and watch the movement of the stock. Nobody can tell for sure the movement of a stock for a couple of quarters. Short term, the analysts are still promoting BA as they need to bail out and who knows where the stock will go. Eventually, they will downgrade the stock. I like stocks with good fundamentals like BA when it's predictable when the company will turn around. If the stock drops below 40 or better off close to 30, you can bet the farm with this one very safely. Mike.

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