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

To: mph who wrote (10000)	8/11/1998 11:23:00 PM
From: Edward Leinbach	Respond to of 42804

53 funds own MRVC , so it does have institutional sponsorship. Accumulation / Distribution rating from Investors Business Daily is at B . A or B indicate the stock is currently under accumulation. It had briefly dropped down to C but now is back at B. It is likely that well informed funds continue to purchase shares gingerly keeping the price low for now. Strange market, MRVC gets no press what so ever. If they do indeed meet the 1.75 EPS mark for 1999 & show yr 2000 growth as well . This stock will practically double form here over the next 18 months. Has anyone ever seen them miss a quarter yet. Don't they have about 34 consecutive quarters of rev & EPS growth. Hell they must know what they are doing ! Making big money in the market usually involves going against the grain. PRLX today reported .22 earnings & rose to about 33 $ a share. MRVC is a misunderstood stock selling at a major discount. Geocities sells for 37 now & they may never turn a profit. Oh well , back to waiting for reality to swing our way. Ugg !