MRV Communications (MRVC) opinions? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : MRV Communications (MRVC) opinions?

MRVC 9.975

-0.1%

Aug 15 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ronald D. Stange who wrote (7105)	2/22/1998 10:46:00 AM
From: Sector Investor	Read Replies (1) of 42804

MRVC has over $100M in the bank, of which $80 was added in September. Assuming they didn't have time to spend much of that on growing the new sales force, lets say they still have $75M of that new money all during Q4. Assume it is idling at only 5% somewhere (1.25% for the qtr). 75M x 1.25% = $937,500 Divided by 25.9 million shares we get 3.6 cents income not subject to margin. I don't have a fully diluted share count, which would lower that a bit, so figure an even 3 cents. This extra income should allow MRVC to save some sales for Q1 if they want to, so I'm guessing only 1-2 cents of that show up in Q4. Hence my 0.26 est.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next