DALLAS, Texas 7/31/2008 9:35:09 PM
News / Finance

Beacon Equity Issues Technical Trade Alerts on Market Movers: MRVC, HYGS, RAME, OIIM, TBBK, RIMM

Today’s Trade Alerts include: MRV Communications Inc. Nasdaq: (MRVC), Hydrogenics Corp. (Nasdaq: HYGS), RAM Energy Resources Inc. (Nasdaq: RAME), O2Micro International Limited (Nasdaq: OIIM), The Bancorp Inc. (Nasdaq: TBBK) and Research In Motion Limited (Nasdaq: RIMM).

MRV Communications Inc. (MRVC) shares fell nearly 5% to $1.31 in early Thursday trading.  MRV, together with its subsidiaries, supplies communications equipment and services to carriers, governments and enterprises worldwide...

MRV recently announced selected preliminary financial results for its second quarter and six months ended June 30, 2008.  Revenue for the second quarter of 2008 was a record $147.6 million, an increase of 45% over revenue of $102 million in the second quarter of 2007.  Strong growth was driven by a 28% increase in the network equipment segment, a 17% increase in the network integration segment and 112% in the optical components segment.  Revenue for the six months ended June 30, 2008, was $273.2 million, an increase of 43% from the six months ended June 30, 2007

MRV Communications' products enable telecommunication service providers to transition their infrastructure and provide high-bandwidth video, voice and data services...”

Hydrogenics Corp. (HYGS) shares climbed 3% to $1.57 Thursday morning.  Hydrogenics develops and provides hydrogen and fuel cell products and services worldwide

Hydrogenics announced it will release financial results for the second quarter of 2008 August 11, 2008, prior to market opening.  In conjunction with the release of second quarter results, management will host a conference call and Web cast at 10:30 a.m. (EDT)

Hydrogenics was recently selected to provide a hydrogen electrolyzer and fuel cell for the new Renewable Hydrogen Research and Demonstration Centre at the Baglan Energy Park, a project expected to bring together academic and industry expertise and research, providing a hub for hydrogen business development throughout Wales…”

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Beacon Equity Research Disclosure

The analysts contributing to this report do not hold any shares of MRV Communications Inc. Nasdaq: (MRVC).  Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers.  The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research.  Beacon Equity Research (“Beacon”) certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete.  As such, the report should not be construed as advice designed to meet the particular investment needs of any investor.  Any opinions expressed herein are subject to change.



Source: BeaconEquity.com

Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com