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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: Cube who wrote (10290)8/27/1998 3:32:00 AM
From: Steve Lee  Read Replies (1) of 42804
 
Cube,

If the markets "are very efficient these days" and stock prices don't lie, how come Ciena's stock price of 80 last month lied so badly?

Richard is dead right that stocks can be at the wrong price due to fear and greed. In the same way that is is possible for Ciena to get adjusted from 80 to 34, I believe MRVC will get adjusted to 30+

Sure, examine possible problems at MRVC but don't give us crap along the lines of "because MRVC has declined it will continue to decline". Following that kind of argument would have killed you from shorting Intel and Microsoft within the last 12 months.

Wise up. Stock prices, just like Mr. Pink, tell great fat whopping lies.
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