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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: Mike Winn who wrote (5867)11/10/1997 12:45:00 PM
From: Seth Leyton  Read Replies (2) of 42804
 
Mike, are you sure you won't get kicked off again for even saying Hang Seng...I mean...it sounds gross. Yuck! Who did report you?? I think they should be uncoverd. We don't need anyone judging our freedom of expression no matter how foul it is! Well back to MRV, I have heard from a very good source that the trouble (lack of liquidity) is very much due to Newbridge networks earnings. The Bear Sterns analyst who covers MRV also covers Newbridge and he got a lot of egg on his face when he held his position about NN before earnings and then they fell short. He was very gunshy about holding mrv and so when there was no word from him it made it very easy for people to sell and feel good about it. I think we'll see the selling dry up over the next few days and then it's back to a slow up market.

My opinions...of course...are worth what you pay for them. Happy hunting.
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