MRV Communications (MRVC) opinions? Message Board

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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: Greg h2o who wrote (8203)	4/16/1998 11:16:00 PM
From: Sector Investor	Read Replies (1) of 42804

This is from the BAY thread. A post from someone who listened to the CC. BAY reported a dismal $0.04 for the quarter. Note the reasons given in the first paragraph about 10/100 price declines (BAY lowered to match MRVC's $100/port I think). This appears to show exactly what I have been saying that MRVC can make good money on Ethernet switches at prices others can't compete successfully at, due to their high integration and overall low cost structure. It may take the market a while (if ever) to realize that the troubles of one networker can be positives for another. Message 4093559 Addendum. This from another person listening to the CC: <<House was embarrassed about his miscalculation in his last "phone call" a month ago. He enumerated the errors in his judgment. He highlighted one factor which he had overlooked, altogether. This was the way in which most competitors brought their new generation products to market at about the same time causing a vicious price cutting exercise in some product lines. House explained that while this kind of price cutting will re-appear from time to time as new generations are introduced, it is not a continuous thing and can be expected to be absent from the June and September quarters. He said that BAY had "dug itself into a deeper hole" than they had expected and that it would not get back to its original target for the June quarter $645 million level in one jump, that it may take a couple of quarters. But he insisted several times that revenue growth, quarter to quarter would be in the range of 10%>>

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