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

To: Grommit who wrote (6213)12/3/1997 11:53:00 PM
From: Richard Birecki  Read Replies (3) | Respond to of 42804
 
Well,
Since so many of you are slightly bul;lish, I hesitate to buy until we see slightly lower prices.
Maybe we'll see 23 again, maybe we won't.
I agree with Sector's post about 20 msgs ago that you have to go against the crowd, it's just that sometime the crowd figures that out and that's when I get confused and sit on the sidelines.
No one has repoprted bad news to me about MRV but no real news to speak of.

Richard
Eddie Jones buttermilk biscuits are for sale



To: Grommit who wrote (6213)12/4/1997 12:53:00 PM
From: Cengiz Erbas  Respond to of 42804
 
Hey Grommit, your math is pretty good! :-))

> The rule of 72 is quite close for 4% < i < 15% or so,

Yes, actually this was the catch...

Anyway, people tend to forget that every rule-of-thumb is associated
with a precondition... My initial post was just to remind that...

Cengiz.


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