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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: Richard Birecki who wrote (10289)8/27/1998 1:32:00 AM
From: Cube  Read Replies (2) of 42804
 
Richard,

If you read my post again you will see that I never said that markets are 100% efficient, just that they are very efficient these days. And the bubbles of inefficiency that make buying and shorting opportunities are much shorter than they have ever been, before the basic efficiency of the market brings the price of the stock to the new reality at sometimes frightening pace.

I now have plenty of room for the price to appreciate and still cover with a tidy profit. I know I'm a sucker Richard, but how much price appreciation will you need to break even??

Best of luck to you.

Cube
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