Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: SJS who wrote (7805)	3/20/1998 10:49:00 AM
From: steve berman	Read Replies (1) \| Respond to of 42804

Here we go again! Early up $3/4, heading down!

To: SJS who wrote (7805)	3/20/1998 4:49:00 PM
From: Seth Leyton	Read Replies (1) \| Respond to of 42804

sorry, didn't get the post til after the market closed. Although I could try to look really smart here. When the stock failed at the open I made a quick flip. Had bought 1m yesterday at 24 1/8, got burried, sold at 24 11/16 at the open, never saw it again. I'm getting put more at expiration and i'll probably sell it out and write puts again. I'm a big user of credit spreads to stay long. Far less put up and if you sell the day you're exercised there's no margin req. But the flip I did today was but a trade. I have a lot of stock, still long, further long. Bummed I"m long. In the long term i'll still be long but hopefully the stock will be a long way from where it is now. Get it?? longfully yours, seth