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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: Sam who wrote (6386)12/13/1997 1:17:00 AM
From: Dan Spillane  Read Replies (1) of 42804
 
Sam, I agree with you that anything can happen (read my earlier "Korean Doom" posts). However, what MRVC said here directly contrasts with negative things that a few other companies have said. That is, MRVC's ASIA revenue will remain at the same percentage for this quarter. And, MRVC's quarter extends longer than quarters already logged by such companies with reported problems.

I have actually heard a few companies say that prospects remain good in Asia. I guess it depends on how good you are...if you are tops you can make it. Considering MRVC is a price/functionality leader here, I could see where they might win more customers in a tight financial situation. Besides, MRVC is doing well in the US and Europe gaining market share.

You said:
There is one thing I didnt say in both posts regarding Asia guys. Noam also stated that this situation was far from being over in Asia. Joe Malach brought this to my attention when he read through my post here and it really does need to be said. Even though MRVC has done well to date, and I believe can continue to make in roads. There still is a problem that is not resolved as of yet. In other words, anything can happen..... IMO
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