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: KOVICH who wrote (5560)	10/24/1997 2:46:00 PM
From: starpopper	Read Replies (3) of 42804

Kovich...how are my fundamentals stacking up against yours NOW!?! Looks like we will indeed see $30 before we see $40, actually we already saw $30.50 earlier today! Maybe you should reevaluate the way you analyze fundamentals and try using some blinders...it's very easy to get caught up in the hype or rush of a particular stock, rather than checking the macro environment in which it is performing! Yes, MRVC is an excellent company. Yes, it has superior fundamentals. Yes, it has had a nice little coming out party. And yes it stands to continue its' incredible growth pace. However, if your strategy is short-term trades, as it sounds like yours is, then you HAVE to consider other factors such as what time of year is the riskiest to hold stocks! I sold all my short-term positions last month, including MRVC at $38, because I have been worried about what we are now going through. Your criticism of my analysis was totally unwarranted, and now proven totally incorrect. I said... "VOLATILITY!!!" "We are in a very dangerous period short-term...took MRVC profits @ $38 a couple of weeks ago and look forward to buying back in below $30 during this volatility! Once we have this correction in the markets we should see a rapid ascent in MRVC to $60 in early 1998!" SI is great, in that we can review previous posts of an author to see how their predictions have fared...here was yours! exchange2000.com Sorry, but I just couldn't resist! :-) The fort is sealed...fire away!! :-) $weet Dream$ Starpopper

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