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


To: signist who wrote (6552)12/19/1997 12:52:00 AM
From: Sam  Read Replies (1) | Respond to of 42804
 
John, funny you mention 3 com. I had a friend get in touch with me earlier about 3Com's quarterly coming in at $.04. I am not a steady follower of 3Com but in my mind, without knowing a lot of particulars, this looks horrible. Before anyone jumps on me, I understand their need to clear inventory, and their other excuses such as a touch of the Asian flu I wonder a bit about considering it only had a small time to effect the last quarter. If anything the Asian flu, if 3Com will use this as an excuse, should effect the company far greater in the months ahead. Regardless, I understand this isnt a 3Com thread, but since we are witnessing another company in our sector get hurt, it doesnt appear this will bode well short term.

Perhaps I am looking at this the wrong way, and any followers of 3Com feel free to set me right. I have my own views on how this will impact MRVC short and long term, but it really serves little purpose to detail. I may seem over-bearish in one regard and over-exuberant in another.

Sam



To: signist who wrote (6552)12/19/1997 1:50:00 AM
From: signist  Respond to of 42804
 
Sam,
It seems 3com after trading not too bad, thanks to the preannouncement. I don't own any just window shopping.
Somebody has to be benefiting from these disappointing
earnings. Cisco, maybe?...Us for a change?

Tomorrow should be interesting.

John



To: signist who wrote (6552)12/19/1997 3:30:00 AM
From: Mike Winn  Respond to of 42804
 
web.kyoto-inet.or.jp

Do you see that middle part of the chart where there is a discontinuity? That's the time when the Nikkei market closes every day for one hour while the traders go out for lunch or tea. Serious. I don't know if the break period is good or bad, it may help in a down market when the traders can talk to each others and calm down, or it may make the market get worse because people are getting more nervous while waiting for the market to reopen.