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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: Seth Leyton who wrote (5759)11/4/1997 4:03:00 PM
From: Logain Ablar  Read Replies (1) of 42804
 
Seth:

Relax. Look at the volumn. Stock is just basing for a while. With the market sell off MRVC has done very well. Look at what happened to some of the semi's and other networkers. Once CSCO provides direction tonight it will start to move. Of course the question is which way will CSCO direct but if you judge by its stock price it will meet earnings (if it doens't the whole tech sector will have some problems tomorrow).

Patience is needed with this stock. It can't go straight to $50 in todays environment (unfortunately)

Tim
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