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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: Ernie Zambon who wrote (4718)8/22/1997 5:14:00 PM
From: rpsev   of 42804
 
Money flow into smaller caps

Will it contine until big caps correct more - what probably

Then what -flow back into big caps if they come down enough.

Does that mean small caps retrace some gains????

Note that still have money rolling into and out of selected sectors

Boy investing is hardball - know what I mean.

Trading opportunities ok but was scarred out SOME because of last fridays 200 + drop.

However with big swings have switched to trader tactics.

Did good in july, August when market up
Lets see from now. - I am 100 % in cash accumulated mostly
earlier this week and this morning.

Still learning OJT. Most of the books talk longer term then I'm practicing and maybe some old logic losses its punch at dow 8000,
150 point swings and billions in flow in stocks per week.

All aspects of the investment environment have changed since
1970 when I started investing armed with forbes magazine looking
for low pe undervalued , high yielding stocks.

IN those days PE ( phila electric ) went a decade yielding
double digit dividends - what a stock( at that time)

Just passing on a picture of a part of the good old days

Bob
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