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


To: Greg h2o who wrote (8295)4/23/1998 10:38:00 AM
From: Seth Leyton  Read Replies (2) | Respond to of 42804
 
No Greg, just planning my snowboarding weekend. The fish still are not running and now the water's turned cold. El Nino is officially gone. It's a rough life out here in San Diego. MRV looking good. A little selling before earnings is healthy. The technicals have slacked off a little but haven't turned bearish. I hope they can keep up the momentum. Thanks for the Gruntal report, nice to have some pros in here helping out. You've got a second chance at OMKT...may 22 1/2 puts going for around $2. Sell them and buy the stock at 20 1/2. Not so bad. The 200 DMO shows a bottom at 14 but I think the stock's sponsorship is good right now and with all the internet hype the stock will find a base at 20 barring a tech collapse.



To: Greg h2o who wrote (8295)4/23/1998 11:29:00 AM
From: BlueCrab  Read Replies (1) | Respond to of 42804
 
Greg, all -- I especially like the fact that it was Gruntal. I have more respect for them than most houses; they tend NOT to overhype. I believe that Gruntal was the first house to raise recs on INTC after the '96 disaster; we all know what followed...

Best to all,

Jeff

PS <<Hopefully, we can chase some of the shorts.>> Is that like a panty raid?