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: Sector Investor who wrote (11256)	11/23/1998 10:47:00 PM
From: Stu Bishop	Read Replies (2) of 42804

Sector or anyone else, I'm typically a buy and hold kind of guy, so I don't follow MRVC on a day to day basis. And as you've all noted, they don't tend to put out much news. Since I made what I anticipated was one of the best investments ever in August 97, I've watched the stock get totally destroyed. What the h___ is happening here. Can someone explain the trouble with the company and or stock? Is there a fundamental problem? Has management lost it? Have their products been obsoleted? With the exception of a 5% drop from 2nd to 3rd qtr, I haven't seen any serious drop off in revenue yet. Third qtr was still way above the prior year (62.2M vs 42M). The earnings estimates don't look good but hardly ever do because of acquisitions and such. Is this stock history? Or is it time to double (or triple) down? My cost basis on this stock is $27. Anybody want to predict when this stock turns up again Like I said, I try to buy and hold, but I do re-evaluate stocks after a year regardless of whether they're up or down. I hate to sell this here, but will if it's the right thing to do? I'd appreciate any advice very much. Thanks. Stu Bishop

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