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: signist who wrote (12987)	4/27/1999 12:06:00 PM
From: Sector Investor	Read Replies (2) of 42804

I have the Gruntal report. It's copyrighted so I will synopsize later (maybe tonight) Gruntal says "over the near term (six to 12 months) we expect the stock to trade in a range of $12 to $14" "Our increased confidence in the company forms the basis for upgrading our rating to a buy" "a significant disparity remains in valuation between MRVC and its networking peers, including the recently public Extreme Networks" "we believe the company will return to profitability in the next quarter" [I'm not so sure about that - those increased R&D expenses]

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