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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: Ronald D. Stange who wrote (7626)3/7/1998 10:57:00 PM
From: STU  Read Replies (3) of 42804
 
Ron,

MRVC will earn in excess of $35MM in 1998 and $49MM in 1999.

I think most investors would be willing to wait, rather than trade out and be rewarded by a value at 30X $49MM.

A $1.5BB market cap would equal over $50/share. A buyer would need to pay this today to acquire the company. In 1999 the anty would be considerably higher as the company should be entering into a much stronger growth mode with Gig-Ether taking off like a rocket ship and XDSL implimentation being quite common.

Stu
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