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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: mph who wrote (11100)10/30/1998 5:13:00 PM
From: Len Roselli  Read Replies (1) of 42804
 
mph,
Re: ...I wonder how long the term is that they envision?

They mention a possible turnaround in mid '99 in their report. As I said in a previous post, BEST seems to know what they are talking about in reference to MRVC. What they said in their most recent report sounds very balanced to me.

This Co. has pissed-off a lot of investors, and it will take a long time to restore any confidence in management. Meanwhile, who is going to buy new shares? IMO, MRVC is dead money until they start to show earnings growth, and that wont happen if and until their new products take off. I agree with BEST: mid 1999.

len
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