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

To: telecosm who wrote (20358)	4/16/2000 11:59:00 AM
From: WebDrone	Read Replies (1) \| Respond to of 42804

Well, here's my perspective on MRVC- I only have 100 shares left at a cost basis of $9. I took profits, because I had gotten seriously whacked when MRVC went from $20 to $6. What is different now? 1) You will sometimes even see MRVC's name in print! Tech investors are starting to know who we are. Example: Terabeam is buzzing, but folks know MRVC is somehow involved. That's good. 2) Next Q I am hoping that we will see the numbers from many new Optical components. After the summer, the little startups might have some news. Timing looks fair. Too bad this wasn't all going on last Q, though- timing is bad for a tech wreck. We need to show sales to show long term viability. 3) I distinctly remember October '89- and the merger mania that followed made the wallsteet journal read like a funny joke. Every day there was some new megamerger. If the same trend continues, MRVC could have many suitors. While many of us beef about LU, it sure held up Friday- looks like some kind of bottom there, to me. Terrabeam, LU, MRVC... wishful thinking. 4) Downside? Hell yes. Think you could end up losing original capital? I don't see that. As you said, taxes hurt. We presently have a price/sales ratio of about 5- which is a bit high- except I think sales should be reported to be up, and in the future up a lot. Maybe we could drop another 50%, but that would be way oversold, IMO. Here is a good read: biz.yahoo.com I'm keeping these 100 shares because a) I might lose my entire $900 or b) in 5 years could make me wish I'd kept 'em all. Web

To: telecosm who wrote (20358)	4/16/2000 2:18:00 PM
From: Sector Investor	Read Replies (2) \| Respond to of 42804

<<Sector, perhaps you can give a more objective assessment of MRVC (since you don't have a position).>> Don't have a position? I don't know how you got that idea. Earlier yes that was almost true. I sold the big rise all the way to the $150s, because I purely and simply thought the rise was much too far too fast (and I was right). It's funny now to think that I was actually depressed at those moves when the stock went to $190+. I got down to 2K that I had sold April '100 calls against. I bought 'em back, thinking I had to to keep the shares (ha!). Keep in mind, I am 85% in IRAs of various types, so I can buy and sell whenever I want. I have now been buying back incrementally. My first buy at $125 seems laughable now (but won't later in the year). Other buys are at $77 1/2, $72, $59, $51. More objective assessment? I am more diversified now, but among all the value out there, MRV is about the only one I can think of offering a probable multiple bagger this year (from this level) and a double off of that next year. That's why I am buying back in here as my soon to be largest holding again.