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


To: sailor who wrote (23750)9/12/2000 1:07:43 PM
From: Greg h2o  Read Replies (4) | Respond to of 42804
 
well, hope you held off for <$55



To: sailor who wrote (23750)9/12/2000 2:12:25 PM
From: Sector Investor  Respond to of 42804
 
<<This range seems to be a good buy, but wondered what price you would think would be a catalist to buy. Hold out for 55 or is the current 56 1/2+- good enough considering expectations in the next month or so.>>

Only occasionally have I picked an exact (or even real close) top or bottom. But, being close has been a winner for me with MRVC. On the way up, after it has been moving up for a while I begin selling on little peaks, on the way down, the same thing in reverse.

I made 7 buys on the previous dip, but only unloaded 4 of them because it turned around faster than I expected. Still, some of those buys were in the low $50s and some of the sells were in the upper $70s, so I did well. I bought more at $62 and a bit more at $55 1/4, which I figured it would hit some time this week.

I don't think we end the week at $55 though - I think it will be near a higher strike price (just a gut feel). There are always head fakes during options week.

OT OT OT,

I want to share this post on the KVHI Yahoo! thread here. It mentions MRVC. It's good to be appreciated.

messages.yahoo.com

Yahoo! must be having problems at the moment, as this post won't come up. But give it a while and try later.