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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: signist who wrote (6435)12/14/1997 3:16:00 PM
From: tyro  Read Replies (1) of 42804
 
With return on the long bond at 6% and the 1998 estimated yield on MRVC shares at $1.25, i.e. approximately 6%, most of the plunge in this issue ought now to be behind us.

However, there are two unknowns: one, Asia, including the fear that S. Korea's troubles could be but prologue to a greater drama unfolding behind the rice paper in inscrutable Japan, and two, closer to home, the self-feeding deflationary impact of margin calls as trigger-happy on-line traders awake to the discovery that the storm has affected their powder. In a glade now busting with prime game, rare is the hunter who can.
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