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: NeverSeemToLearn who wrote (22591)	7/28/2000 4:22:47 PM
From: Thomas DeGagne	of 42804

>Bought some Oct 75 Calls! By then LUMN IPO should really >start kicking. Anyone else feeling "lucky" and a little >reckless? You bought 7 contracts @ $8. Break even point $83. I sold 8 Oct $57.5 puts @ $11.50 each. That's $9200 in my pocket today. I'll be very happy to buy MRVC for effectively $46 at that time. I hope MRVC breaks $100 before October expiration. That will be a profit of $11900 for you. Of course, I currently hold 1200 shares so I'll be doing just fine too. Oh, by the way, I'll sell some more puts when MRVC hits $75!

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