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

To: Mike Winn who wrote (5913)	11/11/1997 6:01:00 PM
From: Jim Rokosh	Respond to of 42804

Off topic Not trying to speak for Kovich, but maybe he's on vacation. He last posted to this thread on Oct 29. His last post on SI was Nov 6.

To: Mike Winn who wrote (5913)	11/11/1997 7:03:00 PM
From: Dee Jay	Read Replies (2) \| Respond to of 42804

here's another 1 cent - if MRVC was a stand-alone situation we might well have reason to wonder, but you have to put the recent drop into the context of the market as a whole and the networking stocks as a submarket. What has happened in these universes? Who are the investors who've bought MRVC? People who believe they've bought into the leading (bleeding) edge...but these same people often back away from the risks involved in being on the bleeding edge when Chicken Little is running amok and dump their shares while fleeing to safer ground, be it cash or General Electric or other places where the risk is far less. When the sun begins shining again they'll come out of their storm cellars and buy into progressive technologies, I believe. I'm not sure they have a bad MO since they ride out the storm with only modest realized losses while we long term holders hang in and fret all the while (at least I'm fretting!). So MRVC in the context of the market place is not in such bad shape - none of us (Kovich & Spillane included) could have projected the Honk Kong/Thailand/Singapore problems nor their effects on the US markets. As they sing in Disneyland, "It's a small, small world..." Dee Jay