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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: Greg h2o who wrote (8295)4/23/1998 10:38:00 AM
From: Seth Leyton  Read Replies (2) of 42804
 
No Greg, just planning my snowboarding weekend. The fish still are not running and now the water's turned cold. El Nino is officially gone. It's a rough life out here in San Diego. MRV looking good. A little selling before earnings is healthy. The technicals have slacked off a little but haven't turned bearish. I hope they can keep up the momentum. Thanks for the Gruntal report, nice to have some pros in here helping out. You've got a second chance at OMKT...may 22 1/2 puts going for around $2. Sell them and buy the stock at 20 1/2. Not so bad. The 200 DMO shows a bottom at 14 but I think the stock's sponsorship is good right now and with all the internet hype the stock will find a base at 20 barring a tech collapse.
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