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: craig crawford who wrote (2581)	3/19/1997 3:47:00 PM
From: WBendus	of 42804

Bear market just started? Networks are allready down 35%. Isn't a 35% correction a bear market at its end? How many times do bear markets go beyond 35% unless the entire sector is shutting down and has matured? This slow down is most likely dollar related. Biggs is late calling this one<g>. I think he ment the bull market will soon start as everybody is affraid of networks now and there are still enormous growth prospects. This is most likely a growing pain. If you have not sold yet, then you are probably not going to sell. Liqiuidations from mutual funds will most likely carry this market down another 5 to 10% over the next few weeks, but this should not hinder MRVC too much as there is not too many mutual funds that own it. Wayde.

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