Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: signist who wrote (23733)	9/12/2000 10:22:38 AM
From: djrb56	Read Replies (1) \| Respond to of 42804

Negative mention of Zaffire internettelephony.com The article is entitled "From the top down" and talks about the departure of high level executives from fiber optic startups, mentioning Zaffire, Sorrento, Nanovation and Cyras. Some quotes: "What’s going on? In the burning hot optical space, why are these guys jumping ship? The CEO exodus doesn’t reflect well on start-ups, which are so new they can’t afford many setbacks." "Speculation runs high that these vendors are behind the optical eight ball in one fashion or another. Could it be that the executives of these companies—successful at bringing in money on the front-end—are taking off because the start-ups can’t fulfill on the back-end?"

To: signist who wrote (23733)	9/12/2000 12:18:59 PM
From: John Curtis	Respond to of 42804

LOL! Sorry. Key stroked wrong. Just call me thunder thumbs when it comes to typing. ;-) Meanwhile, where MRVC is concerned it appears the rate of descent has slowed. It's holding above its support level of ~$55, albeit down ~$1 right now. This wouldn't be considered good except when juxtaposed against the last 5 trading sessions. So upon initial glance it looks like the tsunami of recent selling may now be receding, although with +2 Million shares transacted so far and now down as I type this $1.25 (and looking for more?) it's way too soon to be certain. Speaking of selling and buying....let's see how it goes from here, as we've still half a trading session left to go. John~