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


To: Bridge Player who wrote (25425)10/14/2000 1:43:12 PM
From: candleLight  Respond to of 42804
 
I believe that MRVC price will reflect LMNE IPO price and its trading range after IPO. LMNE IPO is a sure event to occur in the coming weeks and it may scare away shorts. For longs high IPO price for LMNE is not a sure thing.

As to other would-be-IPOs like OPXS, CWNT, it's just a dream for LT MRVC holders to support higher valuation of MRVC. It may/may not happen. Actually the dream was crushed by NASDAQ sell-off since summer. Someone posted here with his experience in other spin-offs that investors only care what is happening under their nose.

Lots of worry on NASDAQ. Again I wish MRVC would climb up the wall of worry.