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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: Dan Ross who wrote (747)11/21/1996 11:02:00 PM
From: Ernest Emerick   of 42804
 
Dan,

No, Selling probably was not good, but I did a couple of weeks ago, when it pulled back to $21, only to step back in and start buying in the $18's and $19.....

Wish I had not bought back so soon, but I thought with the Giga switch coming out, that somehow the word would finally get out, and that it would finally rally.....

Wrong.....

guess this time I will watch it until it finally does start to move... UP.....

Whenever that may be, I don't really feel it can go much lower than it is, but than I never thought it would get back below $21 or $22 either.

Patience??

Well, it pretty much ran out, I still own a small amount in my SEP IRA, but if it keeps going down, then that will be sold too!!!!

Don't get me wrong folks, I love this stock, and once upon a time I made a little money on it(most of which has been lost in the last few months).....
I love this company, (again that I believe has been my undoing on this one, If I had used a little more objectivity, I would have sold a long time ago, when it was still in the mid-twenties, because the trend was sure as hell DOWN...)
I desperately want it to do well, I have recommended it to everyone I know who trades, and I feel like a real sh--head, as it keeps going down, The last time I recommended it was to a good friend, right after the aquisition, it was $28, and screaming BUY!!! I thought it would be $40 after earnings cams out.... This was obviously a couple of months and many dollars ago......

Anyways, just venting a little frustration.....

If anyone who counts is reading this, PLEASE, how about a little PR????????

oh well, I don't think they care, or maybe they really do have something to hide.....

Ernie
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