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


To: Sam who wrote (6460)12/15/1997 2:52:00 PM
From: Sector Investor  Read Replies (1) | Respond to of 42804
 
From a Morgan Stanley research report on MMC Networks:

We are upgrading MMCN to Strong Buy from Outperform, with a one-year
price target of $27. The fundamentals have changed very little since
we initiated coverage on the stock, and in our view, the company is
well positioned in the large and fast-growing mid- and high-end data
networking market. Since we initiated coverage, the company has
formally announced three more customers, MRV Communications (MRVC)
NBase unit,
Sumitomo and D-Link.