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: phileasfogg who wrote (17932)	1/5/2000 12:57:00 AM
From: Dana Adams	Read Replies (3) of 42804

<Oil prices will come down as inventory depletes.> Sounds like a new brand of economics to me! <The Fed is not crazy, they know they don't need to hike interest rates to squeeze some hidden inflation.The only inflation to date is to be found in oil prices and in the dollar.> Get real pal this is not true. Wage pressures are exerting a great deal of inflationary worries at the Fed. Lots of market watchers are already factoring in a minimum of two 25 basis points hike for the year. Although I am not a fan of Mr. Greenspan, you must give the old man some credit. He will choose long term growth and prosperity over a short term market correction anyday. MRVC is a tough nut to crack at the moment. The price could drop into the very low 40's and still be in a uptrend. Shorts and bandits will have their way for the moment while daytraders and nickel and dimers get buried. I am satsified with my share purchases in MRVC these past couple of weeks and will wait and see what the future brings. How about them Canes and Seminoles? Looks like the Georgia lad had the air knocked out of him. Respectfully, Dana Adams

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