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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: KOVICH who wrote (882)11/28/1996 9:00:00 PM
From: Dana Adams   of 42804
 
KOVICH,

How will this stock hit 12 to 14. Are you mad or something? Are we supposed to be impressed by you owning 4,000 shares and wanting to double down at 12 to 14?

We have all been through ugly times recently, now lets get on with the future and a testing of the recent high's. I had a choice to buy MRVC or Ascend. I chose MRVC because it is identical to Ascend in products and management. The difference between the two is only price. If two things are identical then why not buy the cheaper one? Timing and price are the two things that matter most. Timing is the very key ingredient to profits in the stock market.

I am sure that Ernie will agree with timing the market. This sad sack should have used his time reading a good book about the market instead of whining and complaining about management's lack of PR. Management owns millions of shares and they surely know what's going on. They will hold their shares through thick and thin unlike Ernie and his nickel and dime portfolio (whatever's left of it).

Being long a company does not mean that you should look up its price hour by hour, day by day. Get it out of your mind and check in every now and then. This will preserve your mind and long term outlook. Keep every dollar you own invested for the long term in good solid companies and don't let no woman snake away your dollars for fancy useless rocks.

GO Canes and GO MRVC !!!!!
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