MRV Communications (MRVC) opinions? Message Board

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Technology Stocks : MRV Communications (MRVC) opinions?

MRVC 9.975

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Aug 15 5:00 PM EST

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To: Quinn Dunlop who wrote (475)	10/24/1996 12:58:00 AM
From: Dan Ross	of 42804

I like it! They are high-powered vacuum cleaners right? I don't like how earnings keep getting pushed back. This is not a favorable sign. However, they must be having some #'s making the #'s jive together to get the best result. Look for elements on the balance sheet such as deferred taxes & other #'s that can be altered to ensure a certain % growth. Do I believe they are cooking the books? Sort of. Unfortunately, Wall Street has a very short-term horizon for earnings & punishes companies that don't meet those expectations. This unfortunately causes companies to position themselves correctly through their bookkeeping practices. Accounting is 90% gray & 10% black and white. Trust me on this gentlemen. My accounting background with the addition of certain facts in this case leads me to believe that this is occurring. Will it affect long-term growth? Nope! They will simply put the costs in accordingly and continue to grow at very good rates. Good luck & best returns! Just one man's opinion! Dan Ross

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