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


To: Greg h2o who wrote (12580)4/2/1999 11:23:00 AM
From: J. Conley  Read Replies (1) | Respond to of 42804
 
Greg,

I am now watching this one, and would be a possible buyer below 5 1/2. IMO the company is like an R&D stock. There is no visibility of earnings, and, let's face it, they are NOT going to be a viable company in networking. IMO, it is a dream to think otherwise.

I also agree that shareholder's are not a priority. With all due respect to Sector, the silence and lack of being forthright is ridiculous and should be rightly viewed with suspicion. I am simply not comfortable with management.

For approximately the last year, I have felt the only hope for this company was to be acquired. It still is. The rest is merely expectations that are sadly not going to be fulfilled. There are true gorillas in this space and MRVC is not one of them.

Could it go from 5 1/2 to 9? Sure, maybe their optical products will get them there. That would be a very nice trade, but in my view it is not a long term hold.

Best of luck to all the longs.