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


To: Sector Investor who wrote (19625)3/17/2000 1:09:00 AM
From: Joanne Fishman  Read Replies (1) | Respond to of 42804
 
Cheers, Sector,
Good to hear all your news! Best of all--you're back!
--Joanne



To: Sector Investor who wrote (19625)3/17/2000 10:34:00 AM
From: sailor  Read Replies (1) | Respond to of 42804
 
Sector, Nice to have you back. Interesting little odyssey thanks for sharing it. Can't blame you. My dad was in at below 6 and put a stop in at 170 which obviously triggered. He and my mom are 80 and so this goes into CD's now with a nice guaranteed income for the rest of their lives. Not a bad thing.
Sailor



To: Sector Investor who wrote (19625)3/18/2000 12:53:00 PM
From: MCF  Read Replies (2) | Respond to of 42804
 
Sector Investor,
Thanks for your view of MRVC. I just got in at $186.00:(
I was prepared to dump and run on Wed.I have a fiscal rule
that when I get in,if the stock looses 20% out front,I dump it and run.My broker was on the phone and I had to catch a flight.By the time I got to my hotel room,it had dropped another 30.

Fiber component space has plenty of room for explosive growth.I like what I am seeing in my DD.I think I am going to "baton down the hatches" on this one and wait it out.I am not a IRA RO type of guy...yet.:) Have had thoughts of quitting my job,just to be able to control my money under a non taxable umbrella. I would be interested in any comments you may have on my position.Do you think I am making a mistake by staying in?Also would like your comments on investigating taking money out of your IRA.
Thanks
Surf@60



To: Sector Investor who wrote (19625)4/16/2000 9:01:00 AM
From: telecosm  Read Replies (2) | Respond to of 42804
 
To sector who wrote 19625

Sector, perhaps you can give a more objective assessment of MRVC (since you don't have a position).

I bought MRVC between 10-15, saw it rallied to 194, and now back to under 50. Unlike you, I don't have it in a tax deferred account, and I admit tax consideration played a part in explaining why I didn't sell. For the most part, I believe MRVC's true value is substantially higher than 194 (CMGI style incubator for next generation internet & telecom start-ups). However, seeing it declined almost 75%, my conviction started to shake. Perhaps I am wrong ?. What's your read on MRVC now ?