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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: Dan Ross who wrote (635)11/11/1996 4:59:00 PM
From: Ron B   of 42804
 
Just some observations:

Another down day for MRV when the general market was positive.
MRV is now down more than 30% from where it traded less than
two months ago (It traded in the 28+ range in mid Sept).

The stock price is right where it was when the ONE & ONLY
analyst (That I'm aware of) put out a "Strong Buy" on July 23, 1996.

This means it is now trading at a PE of 49 ($19.25/.39 trailing 12 mo)
and a PE of just 27 on the 1997 estimate (.71)

Does anyone know if the analyist (Hampshire Securities Corp) has
an updated report available?
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