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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: michael modeme who wrote (8225)4/17/1998 6:57:00 PM
From: Sector Investor  Read Replies (1) of 42804
 
<<Sector, I was referring to the last 4 quarters where revenues grew from $35.6 million to $48.4 million (a growth rate of 36% annualized), and earnings went from 17.3 cents to 25.0 cents an increase of 44% annualized. Therefore, 40% growth predicted seems very reasonable.>>

I don't understand your math.

True $0.25 is 44% larger than $17.3

But it seems to me you have to look at the real annual numbers.

1996 46 cents (.09 + .10 + .11 + .16)
1997 88 cents (.19 + .21 + .23 + .25) - an increase of 42 cents.

42/46 = 91.3% growth.
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