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

To: Seth Leyton who wrote (6126)	11/24/1997 4:58:00 PM
From: WBendus	Read Replies (1) \| Respond to of 42804

Seth, You said, "7%...looks bad. Ha Ha. Wayde." Seth, you know as well as I do that that is the past and if your expectations are for MRVC to maintain that relationship going forward, then you should look to sell your shares. Asia/Pacific Rim contribution for most networking companies located her in North America was expected to grow by about 100% to 150% next year. Hence, accounting for a significant proportion of the industries forecasted growth of 30% to 50% growth trend going forward. You said something about common sense a few posts back? While I think that the Asian currency situation is a short term (9 to 18 month) problem for the economies of that region, I do believe that networking shares will be under presure for the next 3 months. For what it is worth, I did buy BAY on Friday, which has a chart that is highly correlated to MRVC (almost point for point moves). I've contemplated a number of times re-entering MRVC but I am compelled to believe that in order for a networking company to survive going forward, they are going to need to provide a wide variety of networking solutions. BAY just happened to fit that bill and has the added benefits of offering GigEther products, a turnaround story, positve news flow and analyst recomendations. Wayde. PS. I beleive that MRVC has strong fundamentals driving the company in the longer term but the stock trades decisively in trends and unfortunately that trend at current is down.