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

To: Bruce L who wrote (11012)	10/28/1998 1:38:00 PM
From: JFTRADERS	Respond to of 42804

Does anyone have the analysis info on how many calls or puts on this stock pending the Nov.exp.??? Are there more calls predictions for Nov>??? I can't locate a good site to give me this info...

To: Bruce L who wrote (11012)	10/28/1998 1:40:00 PM
From: mike.com	Respond to of 42804

1 800 633 8284 ID# 1715899 after 6PM tomorrow

To: Bruce L who wrote (11012)	10/28/1998 10:16:00 PM
From: Sector Investor	Read Replies (2) \| Respond to of 42804

The Yahoo! thread is having a useful discussion for a change. One poster says MRVC has NEVER had a profitable period (Year over year). Another says the Cumulative Net Income WAS positive prior to the Xyplex acquisition, and is only negative now because of the Xyplex charges. This is an interesting topic for analysis. The annualization of the numbers for accounting purposes shows gains for 1994 and 1997 and losses for 1995, 1996 and 1998. But what do the numbers show if we do a running (cumulative) calculation? I don't have pre-1994 data so I started in 1994 and tabularized the quarterly numbers, including Columns for Cumulative Operating Income and Cumulative Net Income. As you can see MRVC has had BOTH positive and negative periods and we are working our way out of the latest on now. MRVC was positive for all of 1994 and 1997, and half of 1995 and 1996. The numbers show that unless there are more charges, MRVC should turn back positive on Operating Income in Q3 1998 and on Net Income in Q4 of this year. Especially note the second column (pre-charge Operating Income) - a very nice string of steadily INCREASING numbers. I don't see what all the fuss about being negative at the moment is, other than propaganda for shorts. This looks to me like an aggressive small company growing very nicely through acquisitions. I will update this again after Q3 earnings. Year Op Inc. Op Inc. One Time Net Cum Cum QTR Bef Chg Aft Chg Charges Inc(Loss) Op Inc. Net Inc 1994 Q1 408.00 408.00 292.00 408.00 292.00 Q2 499.00 499.00 349.00 907.00 641.00 Q3 589.00 589.00 402.00 1496.00 1043.00 Q4 943.00 943.00 575.00 2439.00 1618.00 Tot94 2439.00 2439.00 1618.00 1995 Q1 858.00 858.00 705.00 3297.00 2323.00 Q2 1221.00 (6455.00) 7676.00 (4707.00) (3158.00) (2384.00) Q3 1645.00 1645.00 1155.00 (1513.00) (1229.00) Q4 2027.00 2027.00 1574.00 514.00 345.00 Tot95 5751.00 (1925.00) (1273.00) 1996 Q1 2720.00 2720.00 1879.00 3234.00 2224.00 Q2 3224.00 3224.00 2283.00 6458.00 4507.00 Q3 3558.00(21211.00) 24769.00 (15504.00) (14753.00)(10997.00) Q4 5609.00 5609.00 1688.00 (9144.00) (9309.00) Tot96 1997 Q1 6865.00 6865.00 4343.00 (2279.00) (4966.00) Q2 7370.00 7370.00 5209.00 5091.00 243.00 Q3 8131.00 8131.00 5922.00 13222.00 6165.00 Q4 7938.00 7938.00 7111.00 21160.00 13276.00 Tot97 1998 Q1 10116.00(43649.00) 53765.00 (40021.00) (22489.00)(26745.00) Q2 11592.00 11592.00 8735.00 (10897.00)(18010.00) Q3 Q4 Tot98