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: WBendus who wrote (2538)	3/17/1997 11:51:00 AM
From: Seth Leyton	of 42804

Considering that 16 is three points away and 25 is 6 points away you tell me which move is easier. There are buyers. There does not appear to be inst. selling today. This is the small guy getting weak at the knees. 3 to 6 months is probably a good time horizon. The earnings will continue to be solid but no one's listening. Think long term. When I wrote about writing calls everyone probably thought about what a stupid idea that was. Lock in your gain? why? 70% of all money in options is made by selling the call, not buying it. When it runs. Sell into the short term. When it drops, buy into the long term.

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