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


To: delmarbill who wrote (30055)3/6/2001 9:51:31 AM
From: tony  Read Replies (1) | Respond to of 42804
 
christopher chris?? said on MSNBC that there will not be recovery in 2nd half. There is no visibility at all. He is an analyst with Bank of America covering csco.



To: delmarbill who wrote (30055)3/6/2001 10:06:15 AM
From: Duffeck  Read Replies (2) | Respond to of 42804
 
bill

<<But there could be a substantial change in the price of MRVC without any effect on LMNE. The fact that the prices are tracking together is an artifact of the current market conditions. Interesting ....>>

The note says "any change in the price of one will be reflected in the price of another"..

It does NOT say a price change in "either" will be reflected in the price of the other. Clearly the fact that MRV is tracking LMNE is clearly due to the "fact" that MRV owns 92.5% of LMNE and is not due to an "artifact" of market conditions. This ain't rocket science. I'm surprised by your interpretation. I hope you didn't sell MRV and buy LMNE in an attempt to apply the wash rule. If you did I'm afraid you made a mistake.

duff