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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: Yong who wrote (20000)4/3/2000 8:54:00 PM
From: Mani1  Read Replies (1) of 42804
 
Yong Re <<Can someone guess at when this blood letting will be over?>>

My guess is that we have already seen it. I made a similar guess at $115 (that's where I bought my shares back) which of course was wrong.

If today's late selling was not the clear sign of exhaustion then I don't know what would be. I bet lots of it was margin calls. We also should have more than 4 million shares shorted. If product behave like management predicts we could be over the $100 mark (post split) by year end.

Mani
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