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


To: Ron B who wrote (5539)10/22/1997 10:26:00 AM
From: Seth Leyton  Read Replies (1) | Respond to of 42804
 
I keep seeing Merrill Lynch's name hovering around MRV. I certainly hope we'll see coverage from Mother Merrill in the near future.



To: Ron B who wrote (5539)10/22/1997 10:40:00 PM
From: J. Conley  Read Replies (1) | Respond to of 42804
 
Ron,

As of today from Zacks, inc. the date of the last update:

Bear Stearns BUY 10/08/97
Pref. Tech. STRONG BUY 10/07/97
Volpe BUY 10/02/97
Oberweiss BUY 09/27/97

Maybe Zacks has not yet updated this info., or one of the buy ratings is categorized by Zacks as a moderate buy. Why the 3 strong buys and 1 mod. buy, I don't know. (If anyone has differing info., please post.)

Penn. Merchant also has an analyst following MRVC, Charles Robins, he issued a buy rating in a report dated 5/30/97. Zacks shows PM's last update occurred on 06/02/97 but lists a N/A as PM's recommendation on that date.

It appears the year forward estimates are jumping around a bit. I think that investors (and some analysts) are not, in general, real confident in the networking sector. IMHO, that sentiment will change...and fairly soon.

I noted that Zacks now has MRVC rated 9 out of 76 in its group.

jc