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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: signist who wrote (10684)9/4/1998 12:14:00 PM
From: signist  Read Replies (1) of 42804
 
Am I missing something in these numbers by Gruntal and Zacks?

Do they really expect MRVC earnings to drop over 60% through 1999!
The CC did not lead me to believe MRVC EPS would be effected this drastically. Increased R&D and higher production investment hurt the
numbers this bad? "What about the $155 million cash War Chest" that was proudly announced at the Bond issuance?

I sure hope I am stupid and don't understand what these numbers are indicating to me.

Any insight, sarcastic, even insulting are welcome here if someone can
explain this to me.

John
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