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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 (42087)6/18/2004 4:44:21 PM
From: mahler_one   of 42804
 
Just in case you haven't looked or really noticed...the stock has fallen back about 80% ( give and take ) from the advance it made from this year's low to high( from the low to the high was about $3.20, and we are now about 40 cents from the low ).....I wonder if anyone has figures about other stocks that have fared as poorly despite being in an industry which apparently is entering a build out stage, and despite having products that are important ( and indeed are already being extensively used ) in the unfolding build out. There is as grave disconnect somewhere...I wish I knew the reasons. Could it be a very large unwillingness to believe anything that we hear from management? Management can't fudge figures ( or can they ? )...one wonders if the hoped for break even ( and profitability ) will turn the tide. I don't have a ready explanation for the obvious lack of respect...only hopeful sign is the increase in institutional holdings. One hopes that such increase is simply not a result of the institutions buying MRV as part of a large pre-assigned index type of program, but is at least partially discretionary.

All together, yet another very poor week in an apparently endless slow spiral down.

m1
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