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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: signist who wrote (12909)4/26/1999 12:36:00 PM
From: Bruce L  Read Replies (1) of 42804
 
<I am desperate for something positive today>

How about this? FORE is being bought today for $35/share. It - like MRVC has always been know for high quality technologically advanced products, but poor marketing and erratic earnings. In Nov of last year it traded as low as 8 1/2 and even a month ago was at 13.(That makes a cool 400% in 6 months)

Aside from CSCO and LU, how many full service networkers are there left? COMS is a question; supposedly the #2 networker but sells on the edge. CS is a has been with inferior products and ASND, BAY and now FORE are gone. That leaves NN and MRVC. COMS (I'm a sorry true believer there too!) jumped $1.50 within minutes of the FORE announcement. MRVC is sort of in the shadows, lacks visibility, but I bellieve someone has to notice someday. I can easily visualize 6 months from now MRVC up 400% and you and I either: (1) wondering how we could have been so stupid 6 months before not to have had faith and bought more; or (2) so stupid to have sold for ONLY a 250% profit!<G>

Bruce
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