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


To: mahler_one who wrote (42009)4/27/2004 2:36:58 PM
From: Mr. Sunshine  Respond to of 42804
 
MRVC will get noticed when it starts to make money on a regular basis. MRV's obscurity is sometimes frustrating, but on the other hand it presents some tempting buying opportunities. I have made very good profits in this stock over the years, but would never have bought it if it was fairly valued. If it goes down much lower (I am thinking low 2's) I will get some more with the plan of selling in 1-2 years in the $5 to $10 range, which I think it will easily hit IF they start reporting positive earnings.

Who knows, if it goes down much lower, maybe Sector will make a reappearance!



To: mahler_one who wrote (42009)4/28/2004 10:06:48 AM
From: Sultan  Read Replies (1) | Respond to of 42804
 
Well, true to form it takes a bigger hit and now given up big chunk.. you have to make 100%+ here just to get back to where it was earlier this year.. Mind you techs in general has pulled back across the board but some of them were due to valuation.. PR savvy from these guys is expecting too much I guess..