Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Benjamin Booter who wrote (11062)	10/29/1998 5:51:00 PM
From: Madharry	Read Replies (2) \| Respond to of 42804

thanks but I need to clarify because revenues up by 50% sga up by 150%? did they expect to increase revenues by more than 50%? Let's hope for a white knight.

To: Benjamin Booter who wrote (11062)	10/29/1998 5:55:00 PM
From: Dan Spillane	Respond to of 42804

Hmmm I think it is more likely a case of Cisco and 3Com cutting into MRVC's share, since MRVC revs were growing well for some time. I can buy the fact that planned sales didn't occur. You tailor your sales force hiring plans to revenues that were growing like that, and you can get stuck with the current fiasco if all cylinders do not fire. Also pricing pressure happens in many hardware industries. My question would be "When can the MRVC minds can pull the next fast one (new innovation that sells) on the networking marketplace?" MRVC is still worth more than five or six dollars a share, if you believe in the company at all. I personally still hold some faith. Wouldn't bet the farm on it, but with the long term in mind I might buy into a crash of this stock. I have a small position I took down at 6. The projections for next year so far don't look like a loss. And if sales force is a problem, it isn't too hard to correct.