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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: peacelover who wrote (7831)3/24/1998 8:19:00 PM
From: Doug (Htfd,CT)  Read Replies (3) of 42804
 
peacelover, you suggested MRVC is "sitting close to its lows," and that "I do not think a lot of people including myself have made money on this stock." I suggest that your statement reveals your limited time horizon, and is probably inaccurate.

Look at a five year chart, for example at quote.yahoo.com In January 1994, a mere 4 years ago, MRVC was selling at a split adjusted ... what? 2 dollars? Thats a substantial profit in only four years. Buyers then have made lots of money. In January 1996, MRVC cleared a split-adjusted $10 on the way up. Buyers a mere 26 months ago at that price have seen their investment double. Do you not count those investors?

Or do you regard a 10 bagger in 4 years and a double in two years as insignificant?

Doug (long MRVC)
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