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Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?


To: rascalbythesea who wrote (14251)7/2/1999 11:36:00 AM
From: David Semoreson  Read Replies (1) | Respond to of 42804
 
Benny, the change in earnings estimates is really strange ....

Last week the two estimates disappeared, now one comes back at 30 cents for this year (versus 15 cents), and this quarter is changed from +.02 to -.02 (average for the 2 analysts, based on -.0.05 and +.02). So the analyst who thinks -.05 for the quarter thinks +.30 for the year, which gives us +.38 for 3rd+4th Q ?

But still no estimate for next year? and no change in recommendation? and where is the the other analyst? and why are they changing at the same time?

Diana's response to me was "I am not sure why some of the analysts did not update their projections, but it is to their will to do so."

very strange....

** David