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


To: Cube who wrote (10250)8/26/1998 12:33:00 PM
From: Eric Jorgenson  Read Replies (1) | Respond to of 42804
 
>>slashed prices in order to gain market share

Isn't this a strategy that MRV itself has been using effectively for the last several years?



To: Cube who wrote (10250)8/26/1998 12:38:00 PM
From: Michael H. Dragon  Read Replies (1) | Respond to of 42804
 
I disagree with you 100%.MRVC actually has revenues and earnings. Ancr had a product they couldn't sell.If memory serves me ancr had a fibre channel product for layer 1, nobody else had a product like that.Brocade had a product for layer 2 as did several other competitors but ancr had the only product aimed at layer one,and the bottom line was there wasn't a market for ancr product.I don't believe ancr ever had revenue of more than 2.2 million in any one quarter.Ancr never had a pe, never had earnings, to compare the two is ludicrous.Apples and oranges.