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


To: JP who wrote (22355)7/25/2000 10:42:17 PM
From: Madharry  Read Replies (1) | Respond to of 42804
 
I will be surprised if Zaffire does not end up with a market cap of around $10B after its ipo. AVNX has current market cap of around $9B. scmr's is $33B. that makes the rest of MRVC worth around $2B. sounds fair to me. someone who sold today must know what they are doing.



To: JP who wrote (22355)7/25/2000 11:10:00 PM
From: JP  Read Replies (1) | Respond to of 42804
 
The primary reason for the sell-off today was because of the rumors that George Gilder was going to high-light MRVC in this months newsletter which was released on the Web today.

Of course the rapid selling likely shook-out some weak-hands and closed out some stop-losses to boot.

JP