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


To: Ron Dior who wrote (20235)4/11/2000 10:07:00 AM
From: Greg h2o  Respond to of 42804
 
<<I am not stating opinion but just fact.>>
no. you're stating opinion, as it has yet to happen. similar comments were made in the early 70's about the "growth" companies that made up the nifty fifty... i won't go through the boring details, as everyone also remembers them (although, everyone tries NOT to...).

I think MOT is STILL overvalued (looking at it's GROWTH rate). for a company as mature as MOT, revenue growth has to convert to bottom line earnings. it's not the same as a MRVC. I'll buy MOT if it hits the low 90's. yes, i might miss it and there'll likely be a 5-10 pt bounce from this level of 125. but, hey, there are other stocks that meet my criteria.