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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: WBendus who wrote (4165)7/10/1997 3:26:00 PM
From: lbs   of 42804
 
Thanks, unfortunately my broker is a good friend of mine who does not charge me more than .05 per share for options, and .06 for stocks. Mistakes happen. Stocksmart also had the option listed wrong. I really like leaps, and MRVC. I thought to buy jan 99 35s for a little over 3 dollars was a sure winner. For Jan 98, it makes me much more nervous. I can clear out my position at a minor loss, and retake another one in MRVC. Thanks for your concern and help

Dan

PS- leaps are a really good investment for long term stocks. For instance, if MRVC did have them, then I would definitely chose that method over stock. Granted you can lose all your capital, but the risk long term is much less that this could happen. I think I will get out of my position, but of course, once you are in, you want to make a short term profit.
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