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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 (8755)5/20/1998 12:06:00 PM
From: Seth Leyton  Read Replies (1) of 42804
 
Come on Greg, I know you were not being critical and even if you were you know I'm capable of taking it. When??...boy...I'd say at or below 14-15. If you can, short the june 15 puts when it's in that range and hold on. Or buy and then write the june 15 calls which are around a buck. Either way this stock seems to have lost it's upward momentum but I've heard their dissapointment in earnings was from pushing some revs into next quarter and so they've already got a good start for the next earnings report. Well...always cover yourself with a call and you're assured to make some money.
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