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

To: Sector Investor who wrote (11008)10/28/1998 11:22:00 AM
From: JFTRADERS  Read Replies (1) | Respond to of 42804
 
I've been researching anything I can get in the last two days..And the fundamentals on this Co., compared to that of its competitors, like CSCO, is not that bad...Sure P/E ratios, sales to price differ, but this is not too far off..

Assets and Book value are greater than that of CSCO...

Maybe, I'm missing the picture somewhere B/W Aug and Sept, but what is the reason this Company cannot, in the future trade back in the range of 20's-30's as it did in the early part of this year??

Any opinions out there??

Thanks and GOOD LUCK TO ALL!!!



To: Sector Investor who wrote (11008)10/28/1998 11:27:00 AM
From: Bruce L  Respond to of 42804
 
Support at 7 1/2-5/8 is holding - for now. As long as it does, MRVC is well worth holding through earnings Thurs PM. The risk /reward is just too favorable. I bought some more at 7 1/2. However, If near the close today we drop below this support, I'm out.


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