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


To: BlueCrab who wrote (12614)4/6/1999 1:26:00 PM
From: Sector Investor  Respond to of 42804
 
Those things will happen - but MRVC still carries a lot of baggage with the street. IMO, it will take a while for those scars to heal.
It is just my feeling that the stock won't rise until EPS forecasting gets a bit better - or at least trending upwards again.

MRVC stated in the 10-K that as they bid on larger contracts, the time cycles for winning bids are lengthening too. Large companies do more and longer Beta testing before making decisions. New products have to go through that process.

A larger sales staff means more bids in the queue, and more customers testing a brodening range of NBase products, and ultimately more and larger wins - we just have to wait for these efforts to run through their cycles.