MRV EXPECTS EARNINGS GAIN.Byline: Robert Monroe Staff Writer CHATSWORTH - MRV Communications  OverviewMRV NASDAQ: MRVC is a company that designs, manufactures, sells, distributes, integrates and supports communication equipment and services, and optical components. , the incubator incubator, apparatus for the maintenance of controlled conditions in which eggs can be hatched artificially. Incubator houses with double walls of mud, a fireroom, and several compartments each holding about 6,000 hens' eggs were developed in ancient times; the of fiber optics fiber optics, transmission of digitized messages or information by light pulses along hair-thin glass fibers. Each fiber is surrounded by a cladding having a high index of refractance so that the light is internally reflected and travels the length of the fiber companies, will post earnings of 4 cents a share today, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. one analyst polled by First Call/Thomson Financial. The estimate marks an anticipated return to profitability for MRV MRV minute respiratory volume. , which last posted net income this quarter last year when it posted earnings of 1 cent per share. The company's recent spinoffs include router maker Zuma Networks and optical components companies Optical Crossing Inc. and RedC Networks and two initial public offerings are in the pipeline. The company has set terms for the offer of its Luminent Inc. fiber optics division and registered in early October to offer stock in its Optical Access subsidiary. Dates have not yet been set. Analysts specializing in IPOs said both offerings would face an extremely turbulent market if they hit the market now, despite the strength of fiber optics companies in general. ``They're still a pretty strong group,'' said Randall Roth, a research analyst at Renaissance Capital Renaissance Capital is a major investment bank concentrating on Russia and the Commonwealth of Independent States (CIS). Renaissance Capital is wholly owned by management and employees. Major lines of business are: sales and trading, investment banking and asset management. , a Greenwich, Conn.-based company that offers an IPO-based mutual fund. ``The issue the optical sector is going to face is if it becomes overly saturated with IPOs, it will make it difficult for investors to tell the difference between quality IPOs and ones just jumping on the bandwagon.'' Roth said he does not specifically cover MRV in his research. Chet White, an MRV analyst for First Security Van Kaspar, could not be reached for comment. The brokerage is a co-manager of the Optical Access offering. In moderate trading on the Nasdaq on Tuesday, MRV stock finished at $39.50, up 4.61, or 13 percent. |
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