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Enter Symbol:
 
M R V Commun Inc (MRVC) [hlAlert]

Rating:
Buy MRVC
down 64.79 %

Mrv Communications, Inc. (MRVC) rated Buy

Posted on: Friday,  Nov 9, 2007  9:25 AM ET by Needham

Needham rated Buy M R V Commun Inc (NASDAQ: MRVC) on 11/09/2007. Previously Needham rated Buy M R V Commun Inc (NASDAQ: MRVC)
on 10/02/2007., when the stock price was $58.00. Since then, M R V Commun Inc has lost 64.79% as of 08/27/2015's recent price of $20.42.
If you would have followed the previous Needham's recommendation on MRVC, you would have lost 64.79% of your investment in 2886 days.

MRV Communications, Inc. (MRV) is a supplier of communications solutions to telecommunications service providers, enterprises and governments worldwide. The Company?s products enable the customers to provide data and video services and mobile communications services. It markets and sells its products worldwide, through a variety of channels, which include a direct sales force, manufacturers' representatives, value-added-resellers, distributors and systems integrators. MRV conducts its business along three segments: the Network Equipment group, the Network Integration group, and the Optical Components group. On December 14, 2009, Broadcom Corporation completed the acquisition of Dune Networks, in which MRV held certain interest. In January 7, 2010, the Company completed the sale of its 90% interest in EDSLan S.p.A., a communication equipment distribution company located in Milan, Italy.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/9/2007 9:25 AM Buy
None
47.40 100.00
as of 8/27/2015
1 Week up  72.75 %
1 Month up  96.34 %
3 Months up  114.49 %
1 YTD up  90.48 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/2/2007 9:25 AM Buy
None
58.00 120.00
7/3/2007 9:25 AM Hold
None
57.60

(*) Stock Price at the time of the recommendation.
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