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: Greg h2o who wrote (34529)	7/26/2001 2:32:34 PM
From: James Calladine	Read Replies (1) of 42804

LMNE AND MRVC PRICING IN THE MARKET. As I write this, the Naz composite sits at 1987 and LMNE is $2.35 MRVC is $5.84 To find these prices you have to go back LMNE on Mar 29, close of $2.31 (Naz was 1820) MRVC on April 9, close of $5.68 (Naz was 1745) My point is that both issues seem considerably weaker now. If the NAZ, for example goes south by 240 points from here, do we still think that the previous MRVC low of $5.09 will hold? That low, incidentally was reached on April 3, when MRVC closed at $5.56 and the NAZ closed at 1673. We are 300 Naz points away from that, but only .30 or so in the MRVC price. So I am suggesting that if the NAZ tanks to the earlier lows we will see lower lows for MRVC unless, of course we hear some very inspiring stuff from Noam at earnings time. No doubt this will be considered by some as a WHINE, but to me it is just how things look to be shaping up. Namaste! Jim

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