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


To: WebDrone who wrote (19906)3/31/2000 11:25:00 AM
From: Joe Wlosinski  Read Replies (1) | Respond to of 42804
 
I've done pretty good in the last 14 months buying MRVC on the dips. This looks like a pretty good dip to me - I'm in.



To: WebDrone who wrote (19906)3/31/2000 12:06:00 PM
From: GS_Wall Street  Read Replies (1) | Respond to of 42804
 
22 point swing today, only one making money are the darn Market Makers.



To: WebDrone who wrote (19906)4/1/2000 6:43:00 PM
From: Douglas V. Fant  Read Replies (1) | Respond to of 42804
 
WebDrone, Over the last couple of years of watching tech stocks I've noticed that as a general rule, when a tech stock corrects, it usually corrects either 50-55% off of its 52-week high or 50-50% off of its last upmove.

MRVC is now in that range. I could be wrong but so long as fundamentals have not changed (and I don't believe that they have) it's a fair investment entry point from my experience....

Never any guarantees making money on a stock, but the averages say it's OK to enter here....