Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Regis McConnell who wrote (6801)	1/20/1998 10:10:00 PM
From: Dan Spillane	Read Replies (1) \| Respond to of 42804

Strong sales of switching products gave both Bay and Ascend a boost. MRVC has just about the highest percentage of switching products of any company in the sector. Strong switch sales were factored into the MRVC stock price at 35, but now the stock price is 25... *** Bay Networks, Ascend post better-than-expected profits Reuters, Tuesday, January 20, 1998 at 21:31 PALO ALTO, Calif., Jan 20 (Reuters) - Ascend Communications Inc. (NASDAQ:ASND) and Bay Networks Inc.(NYSE:BAY), two of the biggest computer network equipment vendors, reported better-than-expected earnings on Tuesday, mostly on strong sales of switches.

To: Regis McConnell who wrote (6801)	1/20/1998 10:14:00 PM
From: Dan Spillane	Read Replies (1) \| Respond to of 42804

When are you guys going to give MRVC credit for the incredibly shrewd (and cheap) purchases it makes? Look back at the cheap price MRVC paid for Elbit's networking product and the relative rewards since. Come on, look at some other networking purchases for ten times what MRVC pays...many have turned into disasters. MRVC on the other hand gets incredible "bang for the buck" and turns large profits. You said: I sure hope MRV did its homework on this one, once again purchasing a 'tarnished gem'. (speaking of Xyplex)