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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: Bald Man from Mars who wrote (34568)7/27/2001 4:27:34 PM
From: James Calladine  Read Replies (1) of 42804
 
C'mon Bald Man,

LMNE was up more than 3% today (a total of 8 cents)!
Let's hear a little more gratitude and appreciation from
you........

If I could read the market action in MRVC and LMNE over the
days since the LMNE SEC filing(1 week?), in the form of a communication to Noam, I think it would be something like:

"OK, NOW what have you got to say for yourself?"

And if the answer is not very convincing, then I think we are well positioned for a retest of the $5.09 low. I think we have a ways to go below that, personally. After all,
$5.09 is $10.18 pre-split.

I remember a lot of time in the pre-split $6 to $9 range.
Of course MRVC has a lot more going now than then. But
the market itself is on the mat.

Why did we rise from $6 to 9 presplit to the hugely higher levels? -- possibility of spinoffs, momentum players and a crazy market.

Right now the spinoff matter is still a question, only momentum players are probably shorts, and the market is...
(well you know).

Personally, if MRVC goes to $2, that's OK by me. I would love to buy a huge slug of shares at those prices. Right
now, though it may be heresy on this thread, $5.09 is not
cheap enough for me.

Namaste!

Jim
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