MRV Communications (MRVC) opinions? Message Board

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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: reg who wrote (5575)	10/23/1997 11:37:00 PM
From: jef saunders	Read Replies (2) of 42804

why april instead of earlier, reg ?? are you planning on these if the stock breaks support ? don't get me wrong, i think if you can afford them, longer term options are the better way to go. i didn't add to mrvc options yet. today may have been the low, but the trend is still down, i'll wait for tomorrow. instead today, i bought 3 ATI airtouch communications calls. solid stock, broke out of resistance at 37 on good earnings announce, i bought 3 dec 40 calls with the stock at 39, closed at 40 11/16, i think it's going to run a couple more points. later, jeff p.s. advice was noted and appreciated to buy later calls and sell current for a spread. i'll have to think about that one.

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