SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: WebDrone who wrote (18015)1/7/2000 4:47:00 PM
From: NeverSeemToLearn  Read Replies (1) of 42804
 
Web,
<you call 20%-30% "losing your shirt"? > Depending on how much is invested, yes! :-(

<Welcome to the thread!>
Thanks, I have been a VERY long time lurker. I originally bought MRVC based on the recommendation from Individual Investor's Magic 25 (long time ago). I stayed through 2 stock splits (and Carlton Lutt), took some profit along the way. I added to my position at 6 (only 25%) and have an average price of under $16.

It is true, MRVC's ride has taught me some discipline. I stuck with them for 2 reasons - I believed that fiber optics is the future (though I did not expect that to turn true so quickly) AND more importantly, I trust the management. I have listened to their conference calls and I trust them. I guess nobody will argue the fact that management is everything for the long term success of a company.

I learned a lot from reading the good posts of many on this thread especially "Sector". Thanks to all!

Don't have CIEN, but good for you!

Dayal
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext