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


To: Greg h2o who wrote (16756)11/10/1999 4:02:00 PM
From: Sector Investor  Read Replies (1) | Respond to of 42804
 
Greg, they don't have a clue. They just seem to be moving their target whenever the market exceeds it.

If they even bothered to do a few minutes of pencil work and see what OA comes to at 10X sales and where MRVC is at, they would see they have to up it a bit more.

But Rao stated in a report a few months back that he thought OA (before it was OA) was only worth 3 X sales in an IPO.

Now I have been using 10 X sales which is really a low end number. What if they do better than that in the IPO? Then what if the market values OA around 20 X sales like peer companies?