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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: ED PLOPA who wrote (700)11/18/1996 8:19:00 PM
From: GS_Wall Street   of 42804
 
For what it is worth I was dissappointed by the top line numbers I was excepting them to be higher. As such my estimates for this quarter are in the $25 million range. Using 25 million as a top line number My upper limit for this quarter is $23 per share. Now the stock is trading consevatively at $16 giving a good risk to reward ratio here. What the Market is telling me is there is alot of risk (thier perception). Unless MRVC can get the top line well above $25 M. I will have to re-adjust next quarters limit currently somewhere in the $26 dollar range.

Anyway my trading ranges are based on a number of fundametal factors all starting at the top line. Prove to me that MRVC is going to have good sales above $25 while mataining margins. (growing) and I will pay over $20 per share, but until then ?????
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