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


To: kvkkc1 who wrote (23232)8/20/2000 9:24:07 PM
From: Sector Investor  Read Replies (1) | Respond to of 42804
 
Thanks. I understand better now.

You had the misfortune to make your initial buy near the 1996 peak, so your investment basically flat lined or was negative for two years until the plunge in 1998. Looking at the chart you basically didn't even break even (on your initial investment) until last August (over 3 years), so I can see why you are less happy with your investment than some other real long time MRVC'ers.

DeeJay now, he bought in much lower, caught both splits in 1996, lightened up to buy ASND on it's rise in 1998 and who knows (besides him) what else? His experience (and thus perspective on MRVC) would be a bit different, I would think. Are you around DeeJay?

Thanks for the response.

A Yahoo! poster just posted a 60 day chart of MRVC vs 6 other networkers. Nice chart. MRVC beat them all.

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