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: Mike Winn who wrote (1167)	12/12/1996 1:08:00 PM
From: Dan Ross	of 42804

Mike I couldn't agree with you more in terms of getting in and out in MRVC. I hold about 3 times as many shares of MRVC in my long-term side of my portfolio than in my short-term side. Too many people miss the boat when they simply trade stocks. That is why I have chosen to invest for the long-term with this one. However, I will and do trade the stock on a short-term basis also since I know the trading ranges very well. Nothing wrong with making some short term gains in MRVC. It just means more to buy later if it trades down. Besides, I trade about 2 other stocks in the short-term simply based on very obvious trading ranges. As of know, I must admit that the stock has me puzzled. It shows strength because it didn't get slaughtered recently, but I feel that it was a very narrow group of stocks that were sold. I think that MRVC should stay above the 22 mark. With 6 weeks left (you said this. I really haven't looked into it. I need to though!) MRVC could be getting ready for the next move up. The numbers that I put earlier were there to simply assist investors in what is possible if conditions are right and what COULD happen. I hardly doubt that this stock would get a P/E of 90, but it is nice to dream. Look at CSCC, the P/E has been way high for a long time now and still hasn't gone down. The CEO of that company said something like he couldn't guaranty anything above 30% growth rate or something like that AND THE STOCK IS STILL AT 60!! Go figure!!! Good luck and lets keep dreaming Dan Ross

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