MRV Communications (MRVC) opinions? Message Board

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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: Greg h2o who wrote (10983)	10/27/1998 11:08:00 PM
From: Sector Investor	Read Replies (2) of 42804

From the BEST report: <<We are maintaining our estimates pending the company Q3's release on 10/29 after the market close. We are looking for EPS of $0.12 on $57 million revenues. >> This caught my eye. I dug out my spreadsheet model and ran those numbers. $57M is a 13% reduction from Q2. I used MRVC's worst (110%) increase estimate in R&D, and assumed NO change in the Interest Income from Q2. To get $0.12 with those numbers, you still have to drop Gross Margin down to between 40.4% and 41.0%. We shall see.

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