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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 (1169)12/12/1996 4:48:00 PM
From: Seth Leyton   of 42804
 
Mike, your numbers are entirely dependant upon a bull market. We've got volatility here and if you could do 50% next year you ought to get down on your knees and pray to God that you are so lucky. The specialists on the floor love guys like you. Remember what happened during the cabot newsletter fiasco. I watched the dealers pull their bids on this stock quicker than you could say "hit the bid." You'll get stuck like the rest of the morons. We've had 3% down over the last 2 sessions and this ain't nothing yet. This market could drop another 10% by the new year. I don't think it will but if IBM goes to 145, look out. And who gets hit the hardest. The NASDAQ!
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