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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: Seth Leyton who wrote (4181)7/11/1997 12:33:00 PM
From: Dan Spillane   of 42804
 
If you guys start getting any more euphoric, I'm out of here! My take on MRVC now (with the additional coverage) is that it might well start approaching a P/E which more fairly matches the growth rate and prospects. Let's say, 50 dollars a share or so...

I've been holding core positions of MRVC but at the same time doing a little trading. This has worked out extraordinarily well. I don't think this was by accident -- I have had several years trading experience on another favorite of mine, Cisco Systems. Bottom line here is I don't think I'll sell my core position nor my trading shares at this juncture...with the breakout above 30 dollars. Comments?

...those that have been patient are rewarded in this bull market.

Dan
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