MRV Communications (MRVC) opinions? Message Board

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Technology Stocks : MRV Communications (MRVC) opinions?

MRVC 9.975

-0.1%

Aug 15 5:00 PM EST

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To: SJS who wrote (10579)	9/1/1998 9:48:00 AM
From: Greg h2o	Read Replies (1) of 42804

<< The buy rating is almost laughable with these reductions. It's just lip-service.>> Is it? They had their chance to lower their rating before the opening but decided to reiterate a buy. Most houses would have lowered to a sell and not taken the 8 point decline on paper. We all know how that works. They decided not to. Hey, I mean we're looking at a sub $6 stock that is targeted to have $0.90 per share next year. I don't know what you think, but if those numbers are on the low end (which nobody will know for 12 months) we could see a nice move from the current level. I have yet to buy because I am holding on to cash. However, it is starting to look attractive to me... I still like their technology. It's a tough call. regards, greg

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