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


To: Regis McConnell who wrote (8305)4/23/1998 3:50:00 PM
From: Greg h2o  Read Replies (1) | Respond to of 42804
 
OT*** Regis, easy there, Trigger. Yahoo, Netscape, etc, all have growing sales. Hey, come to think of it, some even have EARNINGS...
I'm just saying that OMKT has been bid up with many of these companies to levels that may not be sustainable. If the tech market sells off, those with lofty multiples (x earnings, sales, etc) will get hit pretty hard. I'd just prefer to stick with companies (technology or other) with earnings and growth multiples which can be justified.
That being said, I DO LIKE what OMKT is doing. I just prefer to buy it cheaper. If you own it, I truly hope you prosper whether I'm in the stock or not (under 20, I might be there with you). WHOOPS! It IS under 20!
regards,
greg