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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: Dan Ross who wrote (756)11/22/1996 9:36:00 AM
From: Ernest Emerick   of 42804
 
Dan,

My goodness, You are optimistic!!!

I used to think MRVC would split again this year, however that was 10 points and many thousands of dollars ago.......

and yes, my SEP IRA has a sizeable chunk of change in it, however I do not day-trade that account, my biggest holding is ORCL, with a little INTC, a couple thou of a spec comp called LKON (disappointing so far), and it used to have a thou of MRVC.... not now, when MRVC was kicking ass, my account was much heavier......

sure maybe MRVC will do something next year, but personally I got tired of hanging around and watching it get smaller while the market has been screaming.......

right now, if it (when it) gets to the low teens, I may buy it back, IF it starts to get a little momentum.....

right now, MRVC should be screaming because of the Giga switch, for crying out loud, they are the only one who has it, and the stock is going down!!!!

what happens when CSCO releases their Giga switch???? Hell I'll tell you, that stock will go up 5 points, probably 10 over the course of the week when they do......

what happens to MRVC on that news?????

also another problem, is that I have done some informal polls in various IS departments where I have connections, (including SBC), no networking guys that I have talked to have ever heard of MRVC!!! or Nbase.... They all seem to use CSCO, and noone seems too hot on fast ethernet, they all use fidi... they seem to feel fast ethernet will have collisions, etc.....
anyways to make a long story short, I have lost confidence in MRVC until management will start publicizing this company....
Don't they care abbout us the investor??? (obviously not!!)

You were venting????
I thought that was what I was doing......

By the way, how much have you lost on this MRVC in the last couple of months?????

Is it real money, or are you just worried about being right????

Hell as for me, it is in the tens of thousands of dollars, enough to have bought a new 'Vette convertable I have had my eye on..... (maybe that is why I am frustrated..)

Ernie
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