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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 (7202)2/25/1998 9:35:00 AM
From: Seth Leyton  Read Replies (4) of 42804
 
Please check post 7198. There was at least one person who looked through the sarcasm and found value. Value doesn't hit you over the head, it is between the lines. The 30 calls I WROTE for 1 1/2 - 1 7/8 I bought back for 3/8 - 7/16 yesterday. While that did not cover the entire drop in the price it did demonstrate how when a stock runs approx. 40% one should seriously consider selling some of their possible upside and turn a non-dividend stock into a payer. That's not rocket science...it's just plain sense.
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