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


To: Dana Adams who wrote (5939)11/12/1997 2:57:00 PM
From: SJS  Read Replies (1) | Respond to of 42804
 
Back to 24 and change....What a buy, huh?



To: Dana Adams who wrote (5939)11/12/1997 3:01:00 PM
From: Mike Winn  Read Replies (2) | Respond to of 42804
 
I have cancelled my buy order at $24 5/8. Get more greedy, may be can buy even cheaper. Nothing to do with fundamental of this company but if people like to dump their stock for no reason, I like to take advantage of it.

Dana, I remember that earlier this year, you have sold the stock at $25 and then bragged loudly on this thread. So you do market timing also, aren't you? I didn't follow your wise advice at the time but sold the stock cheaper at $21 later. So I was impressed with your hindsight and timing at the time. This time around, you didn't sell at $39, nor at $35, nor at $30, nor at $25, and then you loudly condemn people who sold. Hmmm, are you an emperor in different cloth now?

Irrespectfully,

Mike,
A bandit wearing shorts.

P.S. There is a joke. Buy low, buy more lower, buy more even lower, and then sell lowest. I hope it doesn't with anyone here.



To: Dana Adams who wrote (5939)11/12/1997 3:05:00 PM
From: signist  Respond to of 42804
 
Hi Dana,

Would you mind defining "What a real player" might be?

Repectfully,

John LoBianco



To: Dana Adams who wrote (5939)11/12/1997 5:11:00 PM
From: starpopper  Respond to of 42804
 
OOOUUUCCCHHH!!! Nasty day in the tech sector!!!

I have to agree with Dana and his Warren Buffet philosophy of buying more of a declining stock when the fundamentals haven't changed! This stock was a bargain at $35 & $30, and a steal below $25! Even Vector Vest states that it's worth $40, has a p/e of 22 and a growth rate of 39%...that tells me to BUY! A sell rating because it's 10% off the high seems to ignore all the other data!

Mr. Market is on a rampage with a baseball bat! He is knocking heads in every sector regardless of company specifics and fundamentals! There's blood all over his bat and I think KOVICH got knocked out last week, so let's all hope for his speedy recovery! Traders have their work cut out for them in this environment, but long-termers have NOTHING to worry about!!!

Don't buy into the Bears argument being propagated on CNBC and other forums...the Dow will indeed hit 10,000 and the NASDAQ will hit 2,000, both by the year 2000!!! This could turn out to be one of the greatest buying opportunities ever...that's a 33%+ gain on those indices from these levels!!!

The Fed held rates steady this month, but I look for them to actually lower rates next month because of the devaluations taking place around the world, and the risk of DEFLATION! The spread between actual inflation and perceived inflation at the Fed is the greatest in history! Look for a series of rate reductions in '98 to shave at least a point off current levels! Greenspan may not like it, but it is REQUIRED!!!

The stampede is on...either ride the Bull and continue to load up at fire sale prices, embrace the Bear and short the market risking anhilation, or get the hell out of the way and stay on the sidelines earning a paltry 4% in a money market!!!

$weet Dream$

Starpopper