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: ItsAllCyclical who wrote (10613)	9/1/1998 8:25:00 PM
From: daaan	Read Replies (1) of 42804

Stock buy backs are popping up like mushrooms. I don't think we will get 3 points of mileage. Investors are attracted to strength more than ever. But then we have to contend with tax loss selling (yesterday probably forced some people to jump out with a profit rather then hold). If they are also holding MRV they will sell it to wipe out their tax bill. MRV is a bargain amongst a sea of bargains. I think this stock will recover or be bought. But in less it is the latter, it won't be quick. Assuming a continued market recovery short term $8 long term $12 Just my guess!

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