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

To: signist who wrote (7054)	2/18/1998 2:36:00 PM
From: SpecialK	Read Replies (1) \| Respond to of 42804

Hey Cheer Up, it's a short time until results come out, which people will use to justify a purchase. Until then, there will be some doubts and nervousness. MRVC is not growing at 100% anymore, and if you look at last quarter's 6% sequential growth, that gives 25% annual growth. 25 times 97 earnings of .87, is under $25 and looking at 98 earnings of about 1.10 with 25% growth would result in 25X 1.10 = 27.50. MRVC must prove they are growing at 40% to get back to upper 30s. For those who know the company well, they add to their positions now. For those who don't, they pay a higher price next week, but feel secure in their decision at that time. Good Luck, Ketan