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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: Mr. Pink who wrote (9784)8/1/1998 12:45:00 PM
From: Jack Colton  Read Replies (2) of 42804
 
Mr Pink,

In your opinion, how much lower do you think MRVC will go, and by what date? Do you have a specific period in mind as to when lower will be here?

I would like to acquire a lot more stock (say 50,000 shares), and I am waiting for the low point of the next 6 months. I think this is a $40 something stock, at least, and we are already near the low point. But before I mortgage the house on this one, I would appreciate any factually based opinions.

Also, if the company burns cash by the ton, where is it going, and what are they doing with it? Has anyone researched and compared the expenses of MRVC with a comparable company? For that matter, who is a comparable company?

jack

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