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


To: JFTRADERS who wrote (11009)10/28/1998 12:34:00 PM
From: Sector Investor  Read Replies (1) | Respond to of 42804
 
<<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??>>

I believe it will - or I wouldn't still be around.

Right now there is:

NO forward visibility

Uncertainly on earnings, new DWDM product delays, stock buyback, Gross Margin going forward, strategic partners, lack of confidence in management to market successfully, etc.

Things get clearer tomorrow and at the Pru conference next week, but this management team is close-lipped on their new technology until they get it closer to reality.