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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 (6215)12/4/1997 10:40:00 AM
From: Seth Leyton  Read Replies (2) of 42804
 
Mike, actually, I would think it would trade up on the realization of the bad news. One smart hedge fund trader told me to buy 30% of any position you want right now. (actually that was yesterday) That person shorted THQ (coms) dec 32.5 puts at $2. I believe that was a great bet. Worst case they hold through the January effect. MRV I believe the same. Great stock after the tax loss selling lets up. MRV dec 25 puts are trading at $1 bid. That's a free dollar.
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