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

To: Johnny_Blaze_420 who wrote (26198)	10/25/2000 9:54:15 PM
From: CrayUSA	Read Replies (1) \| Respond to of 42804

Johnny,, the shorts are going to get toasted big time on this stock starting at the very latest next week...and everyone who is selling this is going to jump right back in,, most of them at a higher price. Cray

To: Johnny_Blaze_420 who wrote (26198)	10/26/2000 12:22:07 AM
From: Madharry	Read Replies (1) \| Respond to of 42804

I have been scratching my head at the price of MRVC since it dropped below 50. This price seems to reflect the death of the ipo market for optical companies. It is hard to imagine MRVC's interest in LMNE, Zaffire and optical access alone not being worth at least 3 times the current market cap of MRVC which is $2.34B. I realize that a state of undervaluation can exist for a long time, but I find it difficult to believe that these low levels can co-exist with 3 projected ipos in the next six months. Yet there are sellers, and lots of them. Is this a combination of mutual fund selling, margin calls and short selling?