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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: jay silberman who wrote (242)9/30/1996 1:53:00 PM
From: Young D.T. Nguyen   of 42804
 
Look to me like the Barron's article initiated an early selloff, but MRVC
recovered quickly as buyers stepped in. A great sign that MRVC is ready
to make another move up as buyers gain confidence in current support
level. Ready to explode upward with a great Q3 report, IMO.

Expect Barron's (and soon to be followed by WSJ) to blast MRVC some
more, now that their "research" department has found this "overvalue" stock.

I am glad that you sent Dan's note to Barron's. But don't get your hope up.
My experiences have shown that these folks often have strong motives
behind what they print (not all printed errors are due to their ignorances),
or are being maniputed by professional short sellers.

In the minds of the writers at Barron's and WSJ, you and I are supposed
to listen to what they say, not the other way around - since they are the
experts and we are the dummies. On-line investors are their nemesis, and
on-line folks trying to correct/criticize them in the past only seem to
succeed in provoking them further to become even more vindicative.

One on-line investor once gave the following advice on dealing with Barron's,
WSJ, and the likes: "Don't F..... with the elephants!" So far, I he is right.
Young
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