MRV Communications (MRVC) opinions? Message Board

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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 (6875)	1/29/1998 9:10:00 AM
From: Sector Investor	Read Replies (1) of 42804

<<IMHO MRVC has to be a screaming buy at 23. It was a strong buy at 30 something. What has changed? Negatives- Asia? Customer loss...maybe(Fujitsu)?, larger~shorts(Why)>> From a fundamentals perspective MRVC only gets better and better. What has changed is right now the "fear" emotion has overridden the "greed" emotion and a lot of people are still on the sidelines, watching. I don't think the impact of Fujitsu (if any) is a factor here. <<Positives- A little more name recognition, Cash infusion, Buy Out of Xyplex-BEST stated they were not concerned about MRVC meeting the numbers and issued another buy and five others think it's a strong buy. What am I missing. The market will do what the market will do?>> You aren't missing anything, techs (especially smaller ones) are still missing buyers, although yesterday was a positive sign that techs are going to move again. We need volume to rise. Q4 earning will be good and MRVC will begin to move up again soon after (and perhaps in anticipation too).

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