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

To: signist who wrote (10684)	9/4/1998 12:14:00 PM
From: signist	Read Replies (1) \| Respond to of 42804

Am I missing something in these numbers by Gruntal and Zacks? Do they really expect MRVC earnings to drop over 60% through 1999! The CC did not lead me to believe MRVC EPS would be effected this drastically. Increased R&D and higher production investment hurt the numbers this bad? "What about the $155 million cash War Chest" that was proudly announced at the Bond issuance? I sure hope I am stupid and don't understand what these numbers are indicating to me. Any insight, sarcastic, even insulting are welcome here if someone can explain this to me. John