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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: Seth Leyton who wrote (9185)6/23/1998 6:01:00 PM
From: facai  Read Replies (1) of 42804
 
I own several tech stocks of which MRVC
is the only one that declined today (I also
follow two dozen other tech stocks, almost
all of them are up on the day). Since I
have equal number of shares in MRVC and MSFT,
I don't have a lot to complain (today). What is
intriguing to me about MRVC is that Mr. Pink
has been essentially correct in predicting the downward
move of the stock price in recent weeks, even though
many people said that he got his facts wrong about
the company.

I don't really understand the implications of today's
press release, but the market's opinion is obviously
negative. I feel that MRVC could have dropped more
if not for the positive sentiment of the market today.
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