Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: w2j2 who wrote (6184)	12/3/1997 1:32:00 AM
From: Dan Spillane	Respond to of 42804

Sentiment has really decayed here. I traded in and out 22 7/8...27 1/4. Before that, I sold in the thirties to pay for the new Mercedes. So much movement here is based on emotions and panic...it hasn't paid off to hold shares in the long term. Keep in mind, the MRVC fundamentals are still intact for the long-term uptrend. But that's not the way the market acts for tech stocks, unlike non-tech stocks which are "allowed" to trade at 2x growth rates. Cabletron and 3Com news probably mean nothing at all to MRVC, but this news cost the shareholders big time. That's the market...not rational. Dan