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

To: signist who wrote (6429)	12/14/1997 4:27:00 AM
From: Richard Birecki	Read Replies (1) \| Respond to of 42804

Page 57, "Mrv Communications , a tiny firm that makes networking gear,etc Schonberg is optimistic about MRVC. MRVC is not that "Tiny" anymore ... I mean, 5000 million market cap stands for something.

To: signist who wrote (6429)	12/14/1997 5:45:00 PM
From: Dan Spillane	Read Replies (1) \| Respond to of 42804

From Barrons, December 15th, 1997; Article title "Left In the Dust" ... Among those hardest hit was Dreyfus Aggressive Growth and its sibling, Dreyfus Premier Aggressive Growth, which Michael Schonberg, a onetime hedge-fund manager, took on in late '95 as part of his mandate to revive Dreyfus's aggressive-growth stock portfolios. Instead, investors have gotten pummeled. Health care and tech account for more than 50% of assets at both funds. Both portfolios are underexposed to oil services -- one of the year's gainers -- and finance. In an interview Friday, Schonberg allowed that he underestimated the strength of drillers' earnings, and was light on finance because of interest-rate uncertainty. And declines in remaining positions were too big to offset winners like Chromatics Color. The five largest holdings in Aggressive Growth, as of June 30, are off sharply from their 52-week highs. The best performer is Oncor, a biotech play that's down 18%. Ultrafem, which makes tampon substitutes, is down a miserable 83%, as investors fret about the company's capital requirements. MRV Communications, a tiny firm that makes networking gear, is down 43% from its 52-week high as networkers sank; MRV also faces competition from Cisco and 3Com. But Schonberg remains optimistic, citing MRV's "very positive business results and important new-product introductions." ...