MRV Communications (MRVC) opinions? Message Board

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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: JMandel who wrote (9420)	7/16/1998 9:52:00 PM
From: Eric L.	Read Replies (1) of 42804

Greetings, Would you agree that the recent depression in stock price was Gruntal's downgrading MRVC to Hold? And that now that it has finished perhaps selling off some of its stake (or all) the stock should return to a higher trading range and hopefully its usual pre-earnings run up? And I would be curious if anyone here can let us know Gruntal's reasoning. Lastly, while initially concerned by the recent offering (and find the purchase of the such a small # of shares by the officers rather pathetic), I look at it as a positive that three years from now someone will be thrilled to get MRVC at the then bargain price of 27. TIA eric

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