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


To: Dennis R. Duke who wrote (11614)1/9/1999 9:53:00 PM
From: Dennis R. Duke  Read Replies (1) | Respond to of 42804
 
Actually as to RDRT, they are estimated to lose 18 cents this quarter. The market buys forward ability as much as P/E. If that weren't the case the internet stock would be toast!!!

Link for RDRT's estimate:

quote.yahoo.com

So even if MRVC does not make a profit the disclosure of the R&D and new products could get them RDRT like results.

Later, (-8 Dennis 8-)



To: Dennis R. Duke who wrote (11614)1/10/1999 1:01:00 AM
From: Jack Colton  Read Replies (2) | Respond to of 42804
 
It looks like MRVC has lost about $600 Million in Market Cap, since this time last year, and $850 Million since October 97.

What has changed to cause such a sell off? What is different now than before the sell off? Sector pointed out some good thoughts relative to growing pains that the company has gone through, but nothing would justify the horrendous sell off, IMO.

As a book valued, small cap. stock, this company ought to be ripe for at least a double bagger short term. It sure looks better than some of the overvalued large caps out there.

jc