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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: Bruce L who wrote (10952)10/26/1998 12:38:00 PM
From: Sector Investor  Read Replies (1) of 42804
 
<< Just as predicted by Sector Investor. >>

Whoa, there! I just ran management's numbers through the EPS calculation. Those numbers are not mine.

My own feeling is positive on EPS > $0.14, but there could still be further restructuring charges - not large, but still a possibility.

MRV will want to go into 1999 clean. My instinct also says MRV will
use the 80 million share authorization along with it's cash to make another acquisition (and charges) later this quarter - again pre-1999.

They already have a full-year loss because of Q2, so what does another
acquisition/charge hurt now?

1999 could be a banner year.
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