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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: KOVICH who wrote (5560)10/23/1997 3:33:00 AM
From: Dan Ross  Read Replies (1) of 42804
 
<Utilities made another new high which should indicate that rates will move lower again.>

Kinda funny since the popular press seems to indicate that they are going the opposite.....CNBC had someone from Goldman and another firm on today. They both indicated that a .25 to .50 increase by this time next year is highly likely......I take it with a grain of salt....

My only concerns are unemployment.....The labor market is tight....people are getting raises....Some people, my fellow students, are getting HUGE salary offers (larger than normal) whereas I know others that have gotten 50% plus raises in their salaries through shopping around. They tend to be in high demand industries ........

As for the market wages.....I think they aren't increasing due to CPI being very low currently.....people aren't screaming because their standard of living isn't diminishing.....BUT the gap between the rich and poor is widening at a HUGE rate.......

I would love to retest the old highs before earnings as I have doubled my position at these levels.......

GO MRVC!!!!!!!!!!!(If Dana is watching, GO OWLS!!!!! <ggggggggg>)

Dan Ross
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