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: Peter J. Cosmoglos who wrote (11042)	10/29/1998 5:07:00 PM
From: Wowzer	Read Replies (1) of 42804

There are two items that really stand out in MRVC's expense items... Research and Development at 6.8 million and SG&A at 15.6 million. For the first two quarters RD was 10.5 million and SG&A was $23.6 million. SG&A appear to be out of control, why the big increase??? Revenue looks strong...what were the estimates? If you factor in the avg SG&A for the first two quarters to current Qtr SGA would be 11.8 million and R&D would of been 5.5 million increasing net income by 3.3 million assuming a 35% tax rate or an extra .12 a share. CC should be interesting.. Rory

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