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

To: candleLight who wrote (25424)	10/13/2000 10:00:18 PM
From: Bridge Player	Read Replies (1) \| Respond to of 42804

To repeat a speculation I made a few weeks ago, I expect the price range on LMNE to be upgraded to 15-17 from 13-15, and to close around 25 on the first day trading. BP

To: candleLight who wrote (25424)	10/13/2000 10:13:58 PM
From: Sector Investor	Read Replies (2) \| Respond to of 42804

<<One month ago I expected MRVC would break out 80 or all time high of 97. But now it seems unlikely. >> One month ago, MRVC was AT $80, and I never would have thought MRVC would touch $33+ but it did. First review my "sanity check" post from yesterday. Message 14572151 Now, let's look forward to a more normal market (Oct-March is the strongest 6 months of almost any year). Then give LMNE a P/S closer to JDSU - say 2/3 of JDSU's, which moved to 63 today - call it a P/S of 42. At that P/S level, LMNE sells around $35 and has a market cap over $5.4 billion - certainly not inconceivable. MRVC's 92% holdings of LMNE would be just over $5 billion, or about $71 per MRVC share, using 70 million MRVC shares. By which time OPXS is close to IPO, and iTouch S1 is close or out, and CWNT is shipping routers. You don't think MRVC can get back over $80? Think again.