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

To: Seth Leyton who wrote (5759)	11/4/1997 3:39:00 PM
From: ram yariv	Respond to of 42804

Hampshire securities did another ipo today.They were early players in mrvc.Recently they did crystal(crysf)IPO and secondery,and few other medicore ipo's. if you lokk carefully you could see that every one of the stocks that they are involved are very weak today..plus nn dn 9.875...so..in my opinion its just another buying opportunity for the long term or maybe the very long... term..

To: Seth Leyton who wrote (5759)	11/4/1997 4:03:00 PM
From: Logain Ablar	Read Replies (1) \| Respond to of 42804

Seth: Relax. Look at the volumn. Stock is just basing for a while. With the market sell off MRVC has done very well. Look at what happened to some of the semi's and other networkers. Once CSCO provides direction tonight it will start to move. Of course the question is which way will CSCO direct but if you judge by its stock price it will meet earnings (if it doens't the whole tech sector will have some problems tomorrow). Patience is needed with this stock. It can't go straight to $50 in todays environment (unfortunately) Tim

To: Seth Leyton who wrote (5759)	11/4/1997 5:50:00 PM
From: STU	Read Replies (2) \| Respond to of 42804

Seth, Nothing wrong with this company. A seller has just appeared and once these shares are absorbed stock should quickly move back up into the 30's. The stock could drop from here, but how far down would it take it to go before you become a big buyer. At 21X '98 $1.40 this stock is a bargain, so let the seller sell. The buyers will step up once the seller completes. He may have done such today, but by tomorrow we'll realize as stock sees little upside resistence. I saw 1 large 25M block trade at 29 at 3:57 and several smaller 4M to 5M buys at 29. Stu PS Great numbers by CSCO. Go MRVC.