I recall that during the conference call, Glazer said that margins
should remain flat. No one expressed or implied explosive growth within the next quarter and if I heard correctly, q4 should begin to show real results to begin. This,
alone will have the 3 month institutional managers, that have to answer for every quarter enough to bail until MRV shows them the money. Potential for any other
company that hasn't burned every type of investor in the market and in the financial community would probably make a big move up, soon.
Remembering that management has not come close to marketing this company correctly, IMO, the market will have to be dragged, kicking and screaming to buy in,
now unless a significant alliance or
a really, really meaningful contract would be announced.
Why should the institutional investor buy in now?
I will admit that MRV has a ton of potential and very exciting products but again we are not talking about a new company that still has it's virginity...I meant to say,
credibility not tarnished.
When the numbers really start to roll in, then we should see impressive up moves of the stock price.
From just one, not so unbridled enthusiastic shareholder for the short term. Long term, odds look great to me we will finally receive the financial rewards we sorely
deserve.
Much, much luck to everyone,
John
If MRV was an internet stock..."Holy Cow" |
