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


To: signist who wrote (8948)6/5/1998 11:50:00 PM
From: CareyM  Read Replies (1) | Respond to of 42804
 
Anyone ever heard of Foundry Networks??

I received a letter thanking me for my visit to the GEA booth at Interop Las Vegas (even though I was never at Interop). Anyway, the following quote from the letter is interesting and I wondered if anyone else here knew anything about this company.

"...Foundry's award-winning Gigabit Ethernet switches, switching routers and server load balancers are at work in more than 200 sites worldwide. This represents the largest end user base of Gigabit Ethernet switches and switching routers in the industry!"

also

"...Foundry is the first to ship second generation Gigabith Ethernet switches and switching routers, and we are the only vendor with a complete line of stackable and modular chassis products."

and

"...Foundry is the only Gigabit Ethernet vendor to offer a complete range of Layer 2 and Layer 3 switches, switching routers and Server Load Balancers."

Back to lurking mode,
Carey



To: signist who wrote (8948)6/6/1998 12:15:00 AM
From: facai  Respond to of 42804
 
John, I guess MRVC overheard what I was saying
(not able to stay above 23) and closed right at 23.
Not bad. First time I heard about MRVC was two
years ago when they were having 100+% growth rate.
I didn't really understand their business enough
to take a position in the stock back then.
Now the projected LT growth rate is 40% (?),
which is not bad (for a $23 stock).