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


To: Texas_Hillman who wrote (7730)3/16/1998 11:36:00 AM
From: Seth Leyton  Respond to of 42804
 
It's quarter ending folks. Managers have to look good. That's why bargains are hard to find. Come april fools, well let's just hope we all don't look like fools, the market won't have a lot of reasons to go higher other than there's more money than stocks. When it goes down, mrvc will not be immune. Last week I said write the calls. Aside from the $20 I may win, i'll take in a lot of premium and turn a $0 dividend stock into a 5-8%/month payer. Now the last time I looked, that was a good return. Considering many people, myself included, have been waiting a long time to see appreciation in this particular issue, 5-8%/month doesn't look all that bad.

You get what you pay for and this advice was free.

Good luck



To: Texas_Hillman who wrote (7730)3/17/1998 3:17:00 PM
From: Greg h2o  Read Replies (1) | Respond to of 42804
 
By the way, tex, this is the reason i prefer to "nibble"....may "never get rich that way," but as you are probably aware, i won't lose my shirt that way, either. with options expiration coming up, it was highly possible MRVC would land closer to 25 than 30. So, i hedged my bet. true, that may not be the way a texan would approach the situation, but i guess us georgians don't have the same size b*lls as you texans....but, i won't have the same size losses, either.
regards,
greg