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


To: FUZFO who wrote (7917)3/29/1998 10:41:00 AM
From: Sector Investor  Respond to of 42804
 
<<Sector, Thanks for the link to the Yahoo posts. Do you think MRVC will get any price runup prior to earnings? This situation sounds alot like asnd late 97' as you have pointed out. Fuzfo>>

Price run up? That would be logical and logic doesn't seem to apply in MRVC's case. <g> My guess is that a lot of people who saw the road shows think they will be "conservative" and wait till after earnings and the CC, due to lack of "visibility". IMO, visibility is pretty darn good, but of course I've taken the time to really dig and I follow the stock daily. However, if Noam does take Mr Hillman's advice and preannounces a good quarter, say along about April 6th, then yes, I would expect a few points prior to earnings. Bottom line? Your guess is as good as mine.

Yes, this is a lot like ASND in November and December. The big difference is that many funds and institutions HAD been in ASND before and are now returning, whereas MRVC is still being discovered.

That being said, I still expect MRVC to turn a corner with Q1 earnings. As I said before, many more eyes and ears will be looking at this upcoming earnings and listening to the CC.