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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 (8079)4/5/1998 4:44:00 PM
From: Stu Bishop  Read Replies (1) of 42804
 
Peacelover,

Sorry to butt in since you didn't ask my opinion, but I can't resist.

re: "I can't afford to lose any more as I have 60% of my portfolio in MRVC"

I would advise you to sell at least two-thirds of MRVC, hopefully without any loss. But in my opinion, and I'm sure many will disagree, you should not have so much money in one company.

MRVC is one of my favorite holdings right now, but I've been burned pretty bad before on stocks I liked. Most recently: Anadigics (ANAD). I have a 50% paper loss in that one; but fortunately, I own 15 companies so it's not so terrible for my portfolio overall.

Best of luck.

Stu B.
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