MRV Communications (MRVC) opinions? Message Board

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Technology Stocks : MRV Communications (MRVC) opinions?

MRVC 9.975

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Aug 15 5:00 PM EST

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To: Dennis R. Duke who wrote (12336)	3/2/1999 11:29:00 PM
From: Sector Investor	Read Replies (1) of 42804

Somebody on the Yahoo! MRVC thread mentioned the ALA paid $37/ share for XYLN, which equates to $6.8 million per engineer. I don't know if that number is accurate or not, but it caused me to look back at my CC notes file. This is interesting and shows how much MRVC is building their infrastructure - currently outstripping their revenue growth. Add in the expenses to build their new foundry, PISTOL lab and purchase lithography equipment, and you see a good part of the reason for the EPS drop. Of course the plunge in GMs is the other main reason. Q1 1998 Q4 1998 9 months Growth% Sales and Support 254 325 27.95% R&D 140 190 35.71% Combined 394 515 30.71% Revenue $60.83M $74.88M 23.09% Also, using that $6.8 million per engineer = $1.29 Billion or $48.50 per share using the 26,639,000 common shares number MRVC used in the Q4 EPS report. MRVC is obviously laying the infrastructure for a much larger company. Major new products are coming. Hopefully alliances and contracts will as well. Anybody out there have R&D and S&Support numbers for other back quarters?

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