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


To: Bridge Player who wrote (15063)8/13/1999 4:41:00 PM
From: Sector Investor  Respond to of 42804
 
From the link you posted:

"Siemens AG paid about $300 million last March to make Argon part of Unisphere Solutions Inc., a Siemens company set up to deliver networking products to ISPs and CLECs. Ericsson Datacomm Inc. acquired Torrent for $450 million in April. And, in June, Lucent Technologies paid $900 million for Nexabit Networks Inc., and Tellabs Inc. forked over $575 million for NetCore."

[MRVC forked over a few million for a majority ownership in Charlotte's Web]

"Finally, this market segment has tremendous potential: Ryan Hankin Kent projects North America revenue for core switches and routers will increase from $169 million in 1998 to $5.5 billion in 2003. "If the revenue projections hold true, the acquisitions will end up looking like bargains,''"