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


To: Mike E. who wrote (26270)10/26/2000 1:05:06 PM
From: Paul Senior  Read Replies (1) | Respond to of 42804
 
Okay, I added more too @32 based on your adding based on Greg's adding. (-g-)

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The rapid point and percentage moves (especially ups followed by downs)in several of the companies in which I have positions discourages and angers me when I see no fundamental changes in their performance or underlying values. With MRVC, I guess we are seeing a switch in investor sentiment toward the optical sector and what people are willing to pay for its prospects. OTOH, MRVC has plenty of inherent value, we have seen this stock recover very quickly in the past, and we are entering into a traditionally favorable period for tech stocks.

Long term it should work out okay. But geez, I am having a tough time of it right now -g-. Only 2 1/2 hours into the trading day, and I've already popped two Kavas.