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: Dana Adams who wrote (11606)	1/8/1999 9:33:00 PM
From: Bruce L	Read Replies (2) of 42804

<Get real Bruce - I have read your posts before proclaiming breakouts. Learn the true art of investing and you might make some money.> Dana: So what is your take on MRVC now? Up? Down? Nowhere? I probably do try to read the tea leaves too closely, but it isn't true that I've ever called a "breakout." Yesterday, I did note that the " hammer" (dip to 5 3/4 and back) was very positive, although I can't say I "knew" today's move was coming. I have frequently pointed out what I saw to be points of support and resistance; and I have said that short term we will revisit resistance at ~9 1/2. After today, I am even more confident about our stock. And I have put my money where my mouth is: buying 4800 shares in the past 10 days at respectively 5 3/4, 6 1/8 and 7 1/4(today) - despite a portfolio that was already badly bloated with the stock. You on the other hand - within the past 48 hours - have said: "This stock is going nowhere but south"; A man has to jump ship when the puncture wounds appear"; "Neither the company or its piss poor management deserve a second look"; "MRVC is a broken company"; "The odds are better that planet earth gets hit by a meteor than that MRVC rises to double digits"; "Enough is enough"; etc. And you called Signist "foolish" for continuing to stay in the stock. At the end of your post today Dana, you said that I should learn the "true art of investing and you just might make some money." I am always ready to learn something new; and to make money. I would appreciate anything you have to teach us in this regard. Sincerely, Bruce

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