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

To: cmg who wrote (19302)	2/28/2000 9:27:00 AM
From: Greg h2o	Read Replies (1) \| Respond to of 42804

did i already post this update from VKCO? if not, this helps explain the advance (a little): Company Update MRV Communications * (NASD: MRVC 115 7/16, Strong Buy) Price Target: $304.00 Chet White (310) 443-3406 ú We are reiterating our Strong Buy rating on MRV Communications, Inc. with a 12- month price target of $304. ú MRV recently initiated a new Website, Net2Linux.com, which offers a glimpse into the progress of another one of its 14 Internet infrastructure companies. Net2Linux is the industry's first networking based-as opposed to server-based-developer and provider of open source Linux software. In the simplest of terms, Red Hat, Inc. (NASD: RHAT $70 «, not rated) is to the server community what Net2Linux plans to be to the networking community. Given Red Hat's current $10 billion market capitalization, we believe that Net2Linux could become another billion dollar plus opportunity for MRV. ú As MRV transitions from an optical networking firm toward its new goal of becoming the Internet Capital Group (NASD: ICGE $119 1/8, not rated) and CMGI Inc. (NASD: CMGI $119 3/8, not rated) of optical networking and Internet infrastructure companies, we believe that the shares of MRV will begin to carry premiums similar to these firms'. ICG and CMGI recently closed with $31.1 billion (1,398x LTM sales) and $29.3 billion in market capitalization (96x LTM sales), respectively.