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: B.REVERE who wrote (8290)	4/22/1998 9:12:00 PM
From: michael modeme	Read Replies (1) of 42804

I take Gruntal's reiteration today as good news for earnings. Perhaps the only time I listen to analysts is when they make recommendations a few days prior to earnings. The analysts in these cases (usually) have kept in close contact with the management and have good guidance and want to look good before earnings come out. If Gruntal was unsure about earnings they would wait until after earnings are out to take a position (recommend/downgrade/reiterate). And with other solution-to-higher-bandwidth companies coming out with good earnings, I think MRVC will probably do well. It's all speculation, but I would be surprised if the majority of analysts making a statement a few days before earnings were wrong. Cheers

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