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


To: Richard Birecki who wrote (6434)12/14/1997 1:37:00 PM
From: signist  Read Replies (2) | Respond to of 42804
 
Venting! Caution..Mad as Hell

On Friday I was unable to be plugged into the "Market"
and I have read much since but I find it incredible that on
the very day of our shareholder's meeting our stock fell 10.1%
to close at 21-1/8!
What the Hell happened? Did MRVC go out of business while we
were touring the plant?
Did I miss something at the meeting? I've listened to the tape
twice and can't find one single thing negative about this company!

I think I read in Malaysia they passed a law against shorting of any
equity. The Asian thing is taking all of tech sector down no matter if
individual companies have little exposure?
This is either the best buying opportunity I've seen or we are all going to Hell in a hand basket.
The market will do what the market will do but give me a break...please!

Can someone explain how anyone other than shorts could/ would sell
MRVC shares at these prices?

What can I do about it? Buy some more MRVC on Monday.
My wife thinks (knows) I'm insane, my daughter won't talk to me(I talked her into buying at
31)except to call me an idiot.

John LoBianco
Feel much better now...Sorry folks.