SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ron B who wrote (539)11/1/1996 2:36:00 PM
From: ED PLOPA   of 42804
 
To all:

I've been lurking on this thread for several months now and apologize
for not providing any meaningful input. This post probably doesn't qualify
as meaningful either. However, I've been an investor in MRVC prior to
discovering this thread. I've learned alot more about this company
via the posts here and have increased my position several times after
reading them. I initially added these positions thinking that after I
got a 5 or 6 point profit, I'd take it. I've had several opportunities
to do so but didn't because I kept coming back to this company's
potential to make me alot more money by holding.

I'm sorry, but I think that alot of you are putting too much emphasis
on this quarterly report. When it comes out. It might be tremendous.
Then the traders come in and pound the stock down and everyone is gloomy
again. I've seen it happen to several stocks this quarter. In particular,
check out the thread on SIII. Everyone couldn't wait for the numbers to
come out. They came out. They were better than expected. The stock lost
5 to 6 points over the next several days. Same with SUNW.

I'm saying that it could probably happen with MRVC. But I not going
to lose sleep over it or almost wet my pants in anticipation
of the earnings announcement. If you're an MRVC investor think a little
longer-term than next Monday or what the stock does from day to day.
Instead think about the Company itself:

Great products in a rapidly growing industry
One of the lowest (if not the lowest) cost producers
Great management
Insiders own 30% to 40% of the stock, yet pay themselves nominal salaries
(they're in for the same ride as we are)
Not alot of institutonal following, yet.

They only cloud on the horizon that I can see is the possibility that
someone buys us out and limits the amount of money make.

Be patient. Don't get excited. Chill out and I think you'll do ok.

This is not a buy or sell recommendation. Just be cool.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext