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Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?


To: signist who wrote (14346)7/8/1999 3:30:00 AM
From: ahhaha  Read Replies (1) | Respond to of 42804
 
I can't see how prejudice against those who don't participate in sugar coating unreality has anything to do with getting a handle on what it takes to survive. The sugar coating you practice is an attempt to insulate yourself from the suffering that is inherent in investment. It won't work. You have to feel the burden of command and that means you have to be on the rack. If you don't like this kind of hellish environment, don't be involved. Just buy MRVC and hold. The talking will only cause you to make wrong moves.

This stock isn't hard at all if you have patience and you don't trade like the amateurs I see on this thread. They trade away all their gains. That you can bet on with total assurance. It takes maturity to quit greed.

MRVC is an immature company. They are not what they were in the '94 to '97 period. The company is attempting to do what is very difficult and that is to transform itself from the status of a fallen angel. Avoid fallen angels. The public loves them and they buy all the way down and their heavy selling creates the bottom. Hopefully MRVC is beyond the public.

The company is disorganized and trying to get on the right track. Probably if they chose any one of their three trains and concentrated on it while selling the others, they could become the metro express. The attempt to hold the meld cards is constantly diluting their concentrated effort. They just don't know which will work so none truly gets the push. What environment is needed so that all three are engaged? Is there a synergy between them under competition so that they mutually fend off competitors' possibly better offering? No one asks that. Maybe there is none. Is the CEO trying to move in that direction? I've seen failure in this many times before in companies decades ago whose names you never heard.

Either one or several or all of them finally arrives at the station and the company takes off with it or the company never leaves Podunk. The latter is the most likely because technology has the permanence of a perishable. We are all drowning in too many solutions.

Today's action was symbolic. This is common. A day's action is a microcosm of a month's. The stock races up on volume, sells off and bases, and then when the market started rallying at 2:35 PM EST, the stock got hit with unfriendly blocks. It was as though the sellers were trying to use market strength to sell which tends to indicate reduction of market exposure rather than news related. The ensuing weakness broke the several days pattern and created a shape similar to the move since April.

You have to take the position that the stock is going to fall. That way the rack doesn't loosen your tongue.