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

To: Sector Investor who wrote (27340)	11/6/2000 7:09:25 PM
From: Wes Stevens	Read Replies (1) \| Respond to of 42804

One thing that I learned early on - the market is always right short and long run. I am a short term trader. I will probably wait till a week to ten days after lmne comes out for a bottom and get in mrvc for a quiet run and hopefully catch some momentum from the next ipo. If you have a longer term view play it differently. I talked to Mike about this and he will stay in as he does not want to take a chance of the stock running away when he is out. The thing I disagree with is that this ipo will give mrvc a run this week up into the 40's and 50's as some have suggested. IMO there will be some pop the day before the ipo - how strong will depend on the market - but then it will drop.