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: WebDrone who wrote (19906)	4/1/2000 6:43:00 PM
From: Douglas V. Fant	Read Replies (1) of 42804

WebDrone, Over the last couple of years of watching tech stocks I've noticed that as a general rule, when a tech stock corrects, it usually corrects either 50-55% off of its 52-week high or 50-50% off of its last upmove. MRVC is now in that range. I could be wrong but so long as fundamentals have not changed (and I don't believe that they have) it's a fair investment entry point from my experience.... Never any guarantees making money on a stock, but the averages say it's OK to enter here....

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