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: Bruce L who wrote (13322)	5/9/1999 11:32:00 PM
From: WebDrone	Read Replies (2) of 42804

Bruce, why won't folks "buy on the rumor, sell on the news?" This old saw has a lot of truth to it, much to my amazement. I can't figure out why anyone would sell when the rumor is confirmed, but that is what usually happens, unless expectations are shattered. Perhaps that is the mechanism- expectations rise faster than reality. I am feeling that some kind of correction would be normal. Many people are looking at a very quick double and more- and can be expected to take some profits. I still think any time a stock outruns it's top call strike price, it will take off. We are within striking range, again. Up or down- I don't think we will just sit at $14. Web (but then, anything can happen. That's why I have some shares just tucked away in a drawer. I am usually wrong.)

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