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

To: Sector Investor who wrote (30074)	3/6/2001 5:49:06 PM
From: signist	Read Replies (1) \| Respond to of 42804

JDS cuts forecast amid weak sales outlook (All figures in U.S. dollars unless noted.) Ottawa, March 6 (Reuters) - Amid a weakening U.S. economy and waning customer demand, JDS Uniphase Corp. <JDU.TO> <JDSU.O>, the world's No. 1 supplier of fiber-optic components lowered its guidance on Tuesday for the third and fourth quarter. The company said it expects third-quarter pro forma earnings per share of 14 cents and revenues of $925 million, below the firm's previous forecast of earnings of 17 cents per share. JDS said it expects fourth-quarter results to match or slightly exceed third-quarter earnings, at 14 cents a share or slightly higher, with sales of $925 million. "These numbers are within the range of current analyst estimates although they are below our prior guidance," said JDS chief financial officer Anthony Muller in a webcast presentation to merchant banker Thomas Weisel Partners. The company would not provide guidance for fiscal 2002 due to uncertainty over sales growth. JDS, which lowered its third-quarter forecasts after acquiring SDL Inc. last month, later told Reuters it understood analysts cutting their forecasts even further below guidance amid a spending slowdown underscored by a dramatic warning by Nortel Networks Corp. <NT.TO> <NT.N>, its largest customer. ($1=$1.54 Canadian) ((Susan Taylor, Reuters Ottawa Newsroom, 613-235-8385, e-mail susan.taylor1@reuters.com, fax 613-235-5890)) REUTERS * end of story *

To: Sector Investor who wrote (30074)	3/6/2001 10:07:09 PM
From: kvkkc1	Respond to of 42804

Thanks for the article. I am not technically inclined to be able to tell you the difference between the two. I would assume that the OC-192 is capable of delivering higher volume at greater speed. As far as CSCO goes, with their record of buying companies and assimilating them, I wonder if they have shown any interest in MRVC, especially at the price they are being valued at. For about a $100M they could buy a bunch of optical innovation. It makes me wonder if MRVC is worth anything. I still hold as I can only lose $13 a share from here if it goes tits up. But if they are as innovative as they claim, then maybe their day in the sun will come. I think I may have missed it though, because $97 a share is sure looking good now.knc