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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: SJS who wrote (9573)7/27/1998 5:38:00 PM
From: David Semoreson  Read Replies (2) of 42804
 
>>It's all meaningless until 5 minutes before the open....

Of course you are right. But I am getting very frustrated with the market perception of MRVC. You couldn't ask for better products or a better track record in a better industry at a better time .... and the market values MRVC at what ... $20 ???? But Amazon is worth $7 billion !!!

I'm starting to believe that its all meaningless, even when the market is open. The "greater fool" theory of stock picking has beaten the "careful analysis" picker for most of this decade.

I keep saying it, so I'll say it again ... patience required (and more $ to average down)

** David
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