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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: Mike Winn who wrote (6928)2/3/1998 8:57:00 PM
From: Dan Ross  Read Replies (3) of 42804
 
My guess is you will see a 1 time charge in the 1st Q. Since the acquisition was closed in 1st Q, they should take the charge then. However, from the 2nd Q on it should be accretive...

Remember though.....Was Xyplex making money? My guess would be no as revenues plummeted on a Y over Y basis (someone posted that)....

However, I believe that MRVC will integrate the company very well and will turn around the company in a very short period. They have proven to me that they are very good strategists and quite frugal in nature....Things I like in a company....

Anyone have thoughts about EPS this Q? I feel Europe will be strong but I am concerned with Asia (I know they are the low cost producer and sell really cheap)....

Still have a bad feeling about the dilution from this summer....Of course I feel very good long-term.....the summer gave us the $$$$$ to buy Xyplex!!!!!!!

Dan Ross
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