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


To: ForYourEyesOnly who wrote (5706)10/30/1997 12:22:00 PM
From: Seth Leyton  Read Replies (1) | Respond to of 42804
 
Predictions, schmictions. The company is agressively working on sales growth as is evident in their ramping up of their sales force. Sales won't be flattening, they'll be growing. As the company stated they have begun shipment of Direct IP. This new product should provide an excellent new area of revs in Q4. I don't have any numbers readily available but I have it on good word that they are expecting a huge quarter. Considering they beat Q3 estimates by 2 cent (approx 9.52%), I give them the same faith that they will continue to meet/beat estimates in Q4. While I believe I will be a much more aggressive call writer as the stock approaches $40 by year end, that is a market condition, not a company specific condition.

-Rah, Rah