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: WebDrone who wrote (19925)	3/31/2000 2:52:00 PM
From: cmg	Read Replies (3) of 42804

why should anyone bottom pick when mrvc keeps dropping averaging down must be killing some folks here. My point is mrvc needs to announce something substantial like a real multi million dollar contract or something similiar. Next week it could be lower but its now corrected over 50% off its high of 194 and the whole group has gotten bushwacked and WAS due for a correction. The pain for some must be horrendous and I'm sorry for that but for some waiting til the whole sector changes will be very profitable. I still see no signs of mutual funds buying again and until that happens...............you'd think we'd be close to the corrective bottom but the NAZ may have more to go. Hang in their longs...cmg

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