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


To: Sector Investor who wrote (13653)5/21/1999 10:56:00 PM
From: rascalbythesea  Read Replies (1) | Respond to of 42804
 
Sector...everything you say is right. However, let's take a gander at CIEN.....Today they announced earnings of $.01 for the quarter and the stock went up 3 11/16 to 30 1/16....sales were down from 142 million last year to 111 million this year.

They surprised on the upside and the stock flew. My understanding is MRVC is estimated to earn 2-3 cents this Q2....where will it trade when they hit 100 million in sales for a quarter?

I am also led to believe we have better and more advanced products than CIEN....what level will MRVC trade at when the street realizes this?

I am beginning to feel like Signist in that I feel I am starting to talk to myself. What's worse, I am also answering myself.

Sector, this is going to come to pass. Noam & Co. have been taking it on the chin too long. They are starting to show they understand what's happening around them. By January, the street will know MRVC is here to stay, and the gang on SI will be here to celebrate.

Benny

PS CIEN had 2 buy recommendations today Robertson Stephens and Soundview. Someone should tell them about MRVC.