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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: Sam who wrote (837)11/26/1996 6:24:00 PM
From: steve berman   of 42804
 
I'll ask these questions at the risk of upsetting Seth (who, based on his last couple of posts, has had a bad day!). I'm new to following MRVC, so please excuse me if these questions have been discussed to death. I've tried to read thru as many posts on this thread as I could, but I'm hoping somebody might be able to give me a short, unbiased, synopsis.

What am I missing with MRVC? Last quarter's EPS growth was over 100% (backing out one time charges) and this quarter's growth is estimated to be around 100%. They appear to be on the cutting edge in technology. Despite all of this, the stock appears to get no support, as evidenced by the downward price trend.

Can someone fill me in a bit (in layman's terms) on their technology and any reasons why such technology might not be well received by the Street? Are there other issues with the company that are holding it back? How has the company's actual earnings historically compared with the estimates?

I've seen a lot of mentions that the stock is a "screaming buy" at this price level or that price level, yet it continues to move south. Can anyone share any insight?

Thanks for your thoughts.

steve
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