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: renard fox who wrote (23077)	8/18/2000 8:37:45 AM
From: Bruce L	Read Replies (1) of 42804

<<...The street is not stupid. They will smell an unusually good opportunity and reward it...>> I respectfully disagree. The "Street" IS stupid, cares only about momentum, and misses great opportunities all of the time. Just ask the oldtimers on this thread. Based on a preannouncement of a 10% decline in profits, the Street trashed MRVC and the stock languished for a full year at $6 per share ( $3 pre-split) Other examples can be cited every day. I hang out mostly in the "oil patch." Wednesday of this week, the "Street" sold off certain oil service stocks by almost 10%. Yesterday, they bid them back up 12% intraday. No news either day. Stupid clear and simple. But it presents us potential investors with great opportunities. MRVC right now is one of those opportunities. Bruce

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