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

To: Paul Senior who wrote (23214)	8/20/2000 3:32:00 PM
From: Carol M. Morse	Respond to of 42804

I agree that Cisco's growth is hard to grasp, and hard to believe...I've felt that way for about two years now. But I'll hang on to what I have of it because it's all free stock now, and the company keeps going and going and going. I do keep a close eye on it because it makes me downright nervous, but it has certainly helped my portfolio! I agree with you that no company is a sure bet forever, especially in the tech area, but I've learned the hard way to let my winners run as long as management performs. My hardest lesson lately has been my sojourn into Oracle. I'm not a fan of Ellison, but when the stock got whacked to $23 last year for missing the quarter by $.01, I bought some and rode it up to $128 in about 6 months. Then, stupidly, I sold because I got nervous and wanted that profit in real dollars. I'm still kicking myself for not holding on longer because the stock has split and continues to do well, in spite of Ellison's propensity to go through other's trash. So, since then, I'm resisting the urge to sell my big winners as long as the company is performing, such as MRVC. I did buy some more when it got cheap there recently, but I won't sell any until the price gets so high , or after they spin out their IPO's and I get some free stock in those. So, what is too high? Beats me at this point. Any comments anyone? Lurking in the slow lane, CMM

To: Paul Senior who wrote (23214)	8/20/2000 8:01:18 PM
From: kvkkc1	Read Replies (1) \| Respond to of 42804

Paul, In response, many traders do well, but the statistics I've seen show that 80% of them lose. This is not to mention the mutual funds who benchmark against the various indexes, but for the most part fail to beat them for more than 1 or 2 years in 5. The thing about being a LTB&H is that the position in CSCO or other successful companies over a period of years is the compounding effect that has taken place. I initially bought 500 shares of CSCO and that has grown to over 16000 in the past 7 years. So every 1 5/8 points gives me another 100% on my initial investment. MRVC on the other hand needs to go up 10 points for me to add the additional 100% of my initial investment after owning it for 5 years. For new money, MRVC may move faster, that's why I continue to hold, but I stand by my previous post. I would be curious as to how you value stocks, and are able to buy MRVC and not CSCO or the like. Holding MRVC and hoping the IPOs are successful(and quick).knc