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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: Dan Spillane who wrote (6639)12/31/1997 6:54:00 PM
From: Sector Investor  Read Replies (1) of 42804
 
<<MRVC will release earnings in a few weeks. What if they don't miss? A big miss
has already been priced in to the stock...>>

Why would they miss? Asia just hit and MRVC's main sales are Europe,
not Asia. Also, what are expectations? Not all that high I think.
Plus they received over $80 million in September. They probably
couldn't spend much of that so soon, so say they still have $70M
in the bank (ignore what they had before):

$70M * 5.5% for one quarter is $962,500. Divided by 25.9M shares,
this comes to 3.7 cents directly to the bottom line. This certainly
should minimize any risk, IMO.

What do others think?
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