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


To: Dee Jay who wrote (6874)1/29/1998 3:41:00 AM
From: signist  Read Replies (2) | Respond to of 42804
 
Duh, Thanks Dee Jay.
I can't remember who posted the URL?
I do not subscribe. Picked it up somewhere??

Any thoughts Re: Mrvc's mediocre performance yesterday
when the sector seemed to have a great day.
The volume is obviously dropping off.
Quite different this close to earnings than last quarter.
Much talk of stock going to 100 then. The very day earnings came
out, the market crashed 500 points! I'm alittle nervous
something will fall out of the sky this time, too.

IMHO MRVC has to be a screaming buy at 23. It was a strong buy at 30 something. What has changed? Negatives- Asia? Customer loss...maybe(Fujitsu)?, larger~shorts(Why)
Positives- A little more name recognition, Cash infusion, Buy Out of Xyplex-BEST stated they were not concerned about MRVC meeting the numbers and issued another buy and five others think it's a strong buy.

What am I missing. The market will do what the market will do?

John