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

To: mph who wrote (6176)	12/2/1997 8:43:00 PM
From: cmg	Read Replies (2) \| Respond to of 42804

just my opinion....but I think the networkers have been broken....so to speak.........3com......cabletron.......ascend........not cisco yet...but wait...............earnings disappointments abound.......and mrvc might just miss this quarter (thats what the stock action tells me)......just my small brain opinion..........looking towards the oils..cmg

To: mph who wrote (6176)	12/2/1997 8:46:00 PM
From: Dan Ross	Respond to of 42804

Don't forget 3Com comming out after the bell and saying they will miss EPS for next Q......MRVC will trade down to 22 IMHO....not based on fundamentals....purely technical....the stock trades without a backbone right now....I sold some of my MRVC trading shares at $28.25 last Mon or Tues.....I am looking to re-enter at lower levels....looks like I might see them sooner than I thought.... Right now I am quite bearish about the market.....too far, too fast....EPS will decline for many companies IMHO....I am short AOL and AVNT right now..... Dan Ross