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

To: SJS who wrote (9559)7/27/1998 4:55:00 PM
From: JZGalt  Read Replies (2) | Respond to of 42804
 
Don't forget this is a bigger company in 1998 than in 1997.

Although the SG&A costs are up from 1997, they represent 18.4% of sales in the most recent quarter vs. 15% in the same quarter in 1997. It also compares favorably witht the 18.5% reported in the March quarter. That is not a "doubling" of SG&A, but reflects the continuing cost of integrating the recently merged Xyplex.

Remember compare apples to apples.


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