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: Seth Leyton who wrote (2514)	3/14/1997 3:58:00 PM
From: Dan Ross	of 42804

Seth, I agree to a certain point. You must remember that at these levels last year, MRVC was trading at a huge P/E compared to currently. Furthermore, sales were far less and the story wasn't nearly as bright as it currently is. Remember, patience is a good virtue to have with this one. You know the story, the products, the growth and the underlying business that this company has. Just allow for the story to unfold. In the meantime, buy some more. I must admit, I have WAY TOO MUCH MRVC in my portfolio know and will unload some shares once we clear 30 (next earnings announcement). Currently, the stock makes up 70% of my $10,231 portfolio (avg cost basis 19). In my fathers though, it is only 35% due to selling some at 26.5 when the stock started to slide. Good Luck Dan Ross

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