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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: john david martin who wrote (5657)10/28/1997 1:36:00 AM
From: Edward Leinbach  Read Replies (1) of 42804
 
If you must buy tommorrow , buy MRVC .

It has a much more certain future.

I bought MRVC at 24 & sold at 38.5 after Bear gave their very weak buy recomendation.

My inclination is to step away for about 6 mths , to let the dust settle.

Almost bought SFAM at around 55 its now 38 . I would have been crushed. Cash is pretty valuable right now. IDTI is my only position now , I will wait that one out .

If you are going to buy , KNOW the company well so you don't get blind-sided.

I must admitt , never did I think MRVC would cross below 30 , my plan was to re-purchase after earnings around 36 & ride the next leg up to 45 & beyond.

This looks like a great value here but , geez - to much fear right now in the markets, which stocks will have earnings revisions for 98 ?
Help , where is Kovich , were is Seattle Dan.
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