MRV Communications (MRVC) opinions? Message Board

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Technology Stocks : MRV Communications (MRVC) opinions?

MRVC 9.975

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Aug 15 5:00 PM EST

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To: Dana Adams who wrote (14217)	7/2/1999 9:34:00 AM
From: Sector Investor	Read Replies (2) of 42804

<<Only people making money on this stock are the vermins who picked up at the 6 dollar mark. Most of the others were battered and have average costs in the mid twenties. Enough is enough I say!>> Well, my initial position was averaged very nicely at $21 5/8. When it fell below $6 the first time, I increased my position 150%. I also took my tax losses on my taxable account holdings and waited my 31 days before buying back (there was lots of time down there) I also traded all the cycles profitably, and increased my position again when we started our up move. My average hit single digits long ago and is steadily decreasing. You could have done the same, and if so you would be liquidating now at a profit not a loss. I understand your bitterness, and you certainly have a right to express it, but to call others names for buying at $6 is a bit much to take.

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