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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?


To: Doug who wrote (29915)4/23/1999 11:44:00 AM
From: Bridge Player  Respond to of 45548
 
<< Harold: What are the other bargains you see in the Tech world.?>>

Hi Doug,

I am not Harold but follow (and own) a high tech company that I believe is very undervalued..... MRVC, MRV Communications, trading around 8 3/4, all time high in the 30s, low around 5, book value about $6 per share. This company makes optical and fiber optic communications gear and other networking products. It had a tremendous track record of something like 20 straight quarters of higher revenues and profits, then stumbled badly last summer and fall, missed a product cycle, lost money a couple of quarters, bad wall street image, etc. They have some leading edge award-winning new products and are looking for margin improvement beginning 3rd quarter this year.

They have a fairly active board on SI. Give them a look. Several posters to that board are VERY knowledgeable about the company and appear to be engineers thoroughly familiar with their products. It is one of the better boards, quality-wise, on SI.

Sorry for the diversion from COMS which I also believe to be worth north of $30/share.

BP.



To: Doug who wrote (29915)4/23/1999 11:56:00 AM
From: Harold S. Kirby  Read Replies (2) | Respond to of 45548
 
Doug: Ifmx...Irid...am looking at an antenna outfit...Orfr...cheap & one to consider.