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: telecosm who wrote (20358)	4/16/2000 2:18:00 PM
From: Sector Investor	Read Replies (2) of 42804

<<Sector, perhaps you can give a more objective assessment of MRVC (since you don't have a position).>> Don't have a position? I don't know how you got that idea. Earlier yes that was almost true. I sold the big rise all the way to the $150s, because I purely and simply thought the rise was much too far too fast (and I was right). It's funny now to think that I was actually depressed at those moves when the stock went to $190+. I got down to 2K that I had sold April '100 calls against. I bought 'em back, thinking I had to to keep the shares (ha!). Keep in mind, I am 85% in IRAs of various types, so I can buy and sell whenever I want. I have now been buying back incrementally. My first buy at $125 seems laughable now (but won't later in the year). Other buys are at $77 1/2, $72, $59, $51. More objective assessment? I am more diversified now, but among all the value out there, MRV is about the only one I can think of offering a probable multiple bagger this year (from this level) and a double off of that next year. That's why I am buying back in here as my soon to be largest holding again.

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