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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: signist who wrote (7054)2/18/1998 2:36:00 PM
From: SpecialK  Read Replies (1) of 42804
 
Hey Cheer Up, it's a short time until results come out, which people will use to justify a purchase. Until then, there will be some doubts and nervousness.
MRVC is not growing at 100% anymore, and if you look at last quarter's 6% sequential growth, that gives 25% annual growth. 25 times 97 earnings of .87, is under $25 and looking at 98 earnings of about 1.10 with 25% growth would result in 25X 1.10 = 27.50.
MRVC must prove they are growing at 40% to get back to upper 30s.
For those who know the company well, they add to their positions now.
For those who don't, they pay a higher price next week, but feel secure in their decision at that time.

Good Luck,
Ketan
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