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

To: Seth Leyton who wrote (7875)	3/26/1998 11:38:00 AM
From: Saul Feinberg Jr.	Read Replies (2) \| Respond to of 42804

Interesting. I had thought that 40% EPS increase was the estimate. But then again, it's just an estimate, and with the Xyplex acquisition, I am not going to concern myself with the estimates so much. Yes, I will call Danny to see if i can get better answers than he had given me before. He had told me that they never thought it was an issue because they wanted to cut the turnaround time, but since the investing community thought it was a problem, they are addressing the issue. One thing, though. There obviously is a pricing pressure for the low-end switches. And when that happens, the big guys usually win. However, MRV has a good brand name in the European Markets. And Xyplex, apparently, had good reputation but mistakenly stopped innovating. This is not to say however, that MRV will be stuck with the low-end switch business. With their technology advantage in fiber optics and CalTech PhDs., I believe this could be their strongest asset over the Intels and the COMS. They will continue to carve out new, profitable niches in the networking arena. It is just extremely hard to value intellectual capital and it never is a good enough foundation to base your stock buying decisions on just that - intellectual capital. The good thing is, even if you are valuing MRV by P/E or P/S ratios, it seems like it is trading for a discount. But then again, a high-tech business continuity of earnings is unpredictable, and models like DCF, etcetera, just don't seem to apply as handily as they do, with traditional boring companies.

To: Seth Leyton who wrote (7875)	3/26/1998 1:58:00 PM
From: Greg h2o	Read Replies (2) \| Respond to of 42804

Seth, re:<<Saul...1)if your such a big shareholder why don't you call the company and ask Noam or Zev yourself>> Let me qualify this by stating I'm a partner in a small money management firm in atlanta. I have begun to accumulate shares of MRV, but have been quite frustrated in that I haven't recieved return phone calls from the company--and i'm talking about IR, not even the CEO. That is VERY poor policy or execution of policy. If a money management firm calls, the least they should do would be to call back the same day. It's been over a week, and I have't heard squat. Now, I've been out of town, but I've been assured that they haven't returned my call. I plan on calling again before I purchase any more shares (I currently have about a third position). If I don't get a return call or someone on the line, I'm walking (no...running from the shares I have). greg

To: Seth Leyton who wrote (7875)	3/26/1998 5:44:00 PM
From: peacelover	Respond to of 42804

Seth, "Who cares how much sales grow when the stock sits still for almost two years." My sentiments exactly! This management and its IR or PR depts. do not have the savy to capitalize on the co's great performance to date. Su**ks! peacelover

To: Seth Leyton who wrote (7875)	3/29/1998 4:15:00 PM
From: Sector Investor	Read Replies (2) \| Respond to of 42804

<<2)no, the company never preannounces as a policy whether good or bad. They've been this way for years and still never comment except for earnings.>> Seth, this is wrong. MRVC DID preannounce Q1 1997 earnings on March 26th last year. I remember the press release. Apparently the thread only posted a link from Yahoo (which erases news after 3 months), so it is gone. This is the closest I can find, but I have a paper copy somewhere. Message 1068359