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


To: signist who wrote (6435)12/14/1997 3:16:00 PM
From: tyro  Read Replies (1) | Respond to of 42804
 
With return on the long bond at 6% and the 1998 estimated yield on MRVC shares at $1.25, i.e. approximately 6%, most of the plunge in this issue ought now to be behind us.

However, there are two unknowns: one, Asia, including the fear that S. Korea's troubles could be but prologue to a greater drama unfolding behind the rice paper in inscrutable Japan, and two, closer to home, the self-feeding deflationary impact of margin calls as trigger-happy on-line traders awake to the discovery that the storm has affected their powder. In a glade now busting with prime game, rare is the hunter who can.



To: signist who wrote (6435)12/14/1997 3:25:00 PM
From: Stu Bishop  Read Replies (1) | Respond to of 42804
 
John,

Explain to your daughter that stock prices fluctuate. There's probably a 50% chance that any stock will trade below your entry price in the immediate future after the purchase.

Remind her that What's important is to sell at a higher price than what you paid. Will MRVC shares never again exceed $31?

Remind her to be more long-sighted with investments.

Remind her to look at the company performance, not the stock performance. "Eventually", the latter follows the former.

Another suggestion: in times like this, maybe she's better off to just don't look at her investments for a while, say six months.

Best of luck

Stu B