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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: pass pass who wrote (5656)10/28/1997 1:04:00 AM
From: Stu Bishop  Read Replies (1) of 42804
 
pass pass,

Trends stay the same right up untill they change. Someone (market) has to be a maverick and reverse this. Perhaps the U.S. will exert some leadership tomorrow and buck the down trend.

I can't believe our Goliath market is felled by a tiny stone throne at it by the juvenile piss ant Hang Seng.

Think about it:

ALTR: -39%
AMAT: -43%
MRVC: -31%
CFMT: -55%
ETEC: -40%
SMTC: -30%

It's a correction already; no, 10% is a correction, this is a tech crash, already.

This cannot continue much further. Very little has changed but the prices. Surely just as the market insanity has trashed these shares, the market has to recognize that these are screaming values now.

Later

Stu B.
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