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


To: James Young who wrote (6349)12/12/1997 3:42:00 PM
From: Tulvio Durand  Read Replies (3) | Respond to of 42804
 
Malaise tied to networking, I believe. If inventory is piling up at Cisco, it could indicate networking slowdown, which could affect MRVC. I don't buy that scenario. My guess is that Korea will get Clinton's ear over the weekend, giving Pres the opportunity of coming to Asia's rescue by guaranteeing Korea's energy loans. Japan will also guarantee Korea's loans. Heroes are to be made in analysts and newsletters. Watch for Barrons et al to issue buy recommendations over the weekend. Market outlook should improve next week, IMO. Tulvio



To: James Young who wrote (6349)12/12/1997 4:13:00 PM
From: SpecialK  Read Replies (2) | Respond to of 42804
 
John,

Are you back from the shareholder meeting? Oh not yet, it's only 1p.m. out there on the West coast, all the nervous nellies are selling out before a verdict can be made. I can't believe we see 21.5, is this a 1day event? 3Com has warned and it's still near 34, MRVC says they are increasing market share, they are down to 21.5.

Lawsuits against MRVC and Bear Stearns are coming soon if we hear any bad news now.

Ketan