SI
SI
discoversearch

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: michael modeme who wrote (8234)4/17/1998 9:36:00 PM
From: Sector Investor  Read Replies (2) | Respond to of 42804
 
<< In any case, I hope you're correct about MRVC's future growth, I'm holding alot of stock and even more calls!>>

Me too. As of last week (haven't checked this week), I was holding over 1/3 of the entire open interest for the October $22.5 calls - at an average under $5.00. It sure sounds impressive, but it is really only 30 calls. This takes me through the next earnings report as well.

I should have a 3 bagger by June-July and my break-even in October is under $27.50 - that's only 1/2 point from today.