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


To: BOGEY MAN who wrote (7236)2/24/1998 5:46:00 PM
From: Claude Edelson  Read Replies (1) | Respond to of 42804
 
Blip off quotrek (dow?) - analyst indicate selloff is overreaction and that mrvc expects to meet 98 estimates.



To: BOGEY MAN who wrote (7236)2/24/1998 6:26:00 PM
From: peacelover  Respond to of 42804
 
Hi Bogey Man!

I know exactly how you feel. My average price is 30 and I have a good no. of shares which I was hoping to unload once it got to mid 30's. With all due respect, it is not MRVC's fault. They have record earnings and they get clobbered whereas stocks like AOL with a meager profit sky rocket. This is Wall St. sickness not MRVC. Good luck to all of us who invest in companies based on fundamentals.

peacelover



To: BOGEY MAN who wrote (7236)2/24/1998 6:47:00 PM
From: Sector Investor  Respond to of 42804
 
<<I can't believe MRVC waits almost two weeks to announce earnings
and they had nothing to say about INTC buying more from them, what the H---- is going on. >>

Why did you ever think that INTC was buying more? The thread did a lot of speculation, but I don't think you'll find one piece of evidence for this. As far as I know, they just use MRVC's ASICs.

Someone please correct me if I'm wrong.