MRV Communications (MRVC) opinions? Message Board

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Technology Stocks : MRV Communications (MRVC) opinions?

MRVC 9.975

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Aug 15 5:00 PM EST

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To: Tulvio Durand who wrote (6350)	12/12/1997 5:03:00 PM
From: Dee Jay	Read Replies (3) of 42804

I respectfully disagree - Korea is not facing reality, with their politics trying to overcome what the market is telling them. The market will punish Korea all the more until they feel the kick in the pants that they're getting. Just today the US told Korea they wouldn't be getting any $$ from the US's part of the guarantee package "any time soon." I give Korea about 30 days or less to knuckle under and do what they've been told to do or their economy will suffer even more. Politicians insulated from the world aren't known for their ability to deal with reality - the world is now intruding and there will be a wakeup call in the form of a 2 X 4 to the head if necessary. A certain other Far Eastern country of late has defied world economics and then was forced to come around. This too will occur in Korea, mark my words. They have the flu and will have to take the bitter medicine. Dee Jay

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