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

To: signist who wrote (5949)	11/12/1997 4:01:00 PM
From: Mike Winn	Read Replies (2) \| Respond to of 42804

Oh no, don't buy BA now! I am looking to buy at $30-$35 by next year. More lawsuits coming, production problems, new airplanes being developed => more cost, more losses for the next 2,3 quarters. People will look on Yahoo and see a N/A PE and start dumping the stock next year, and then it's time to buy. I cannot believe MRVC going to 23 and change. I am just guessing: 21-22 is the bottom. But I will play by ear and watch the volume. If price continues to drop in high volume then I will wait.