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

To: Seth Leyton who wrote (9995)	8/11/1998 7:35:00 PM
From: Sector Investor	Read Replies (1) \| Respond to of 42804

<<Get a little ticked and tell the truth and all of a sudden you're an a-hole. >> Uh, Seth, it's the tell the truth part we have trouble with. Pink made statements that were outright lies, then when confronted with the truth, never apologised or retracted. That's what warrants the title. <<Bob, answer me this...the company only grows at 40% next year and the one after that...that means revs and earnings almost double in two years.>> Minor correction here. 40% compound growth will double in LESS than 2 years - just over 21 months in fact, triples in 33.5 months, and quadruples in 42 months - 3 1/2 years. And that's a lower growth rate than MRVC has ever shown. Last year's growth was 86% on revenues and 93% on EPS. The speed of doubling, tripling and quadrupling at those rates is left as an exercise for the student <g> (I can just picture Drone saying that in his math class!)

To: Seth Leyton who wrote (9995)	8/12/1998 8:56:00 PM
From: Robert G. Harrell	Respond to of 42804

Thanks, Seth. I totally agree with you and will probably double my position in about two weeks. I requested the patient response from you because I knew I was risking beating a dead horse with my question and sometimes things that I ask about must seem blatantly obvious to pro's like you. I'm trying to get better at reading financial statements and sometimes the only way to know if I'm misreading something is to ask a question. Us southern boys like to keep things genteel most of the time. I don't think this world suffers from too much courteousness and respectful discourse. Bob