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

To: signist who wrote (19698)	3/21/2000 6:49:00 PM
From: Sector Investor	Read Replies (2) \| Respond to of 42804

<<Lossing 2,000 shares of MRV is in my book, significant money!>> Well, I would have received $100 per share of course + the premium on the calls, making it about $122 - higher than we are at the moment. But then I would have had to pay taxes on the ST gains. This way I can hold for the long term. There was much nervousness on the thread right after the CC and before it became apparent we were going WAY up. I was nervous too, due to the loss of switching revenue, but the merger not until Q2. At the time I thought that we might be having one of those "false" rallys, followed by a retrace. The selling of the calls would have been a good move then. I never really wanted to sell the shares, just to either buy back the calls lower or let them expire worthless. Boy was I wrong! But, the market gave me a very short "out" at a profit on those calls today and I grabbed it. Who knows what tomorrow brings, but I suspect a corner was turned today.