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

To: JZGalt who wrote (8311)	4/23/1998 4:54:00 PM
From: Greg h2o	Read Replies (2) \| Respond to of 42804

<<MRVC is acting like someone is expecting very bad news in the earnings report. I have a feeling we will be revisiting that $23 level again. >> that seems like a pretty baseless arguement to me... the ENTIRE tech sector sold off today and MRVC barely budged downward after a pretty phenomenal move of 5 points to the upside. PLEASE...give us some clue as to your rationale. greg

To: JZGalt who wrote (8311)	4/23/1998 5:50:00 PM
From: Kamil Nemr	Read Replies (1) \| Respond to of 42804

A 5/8 point drop hardly seems bad on a day where Nasdaq lost more than 30 points. Short term thinking is distructive in this case, if the news comes out on a bad day it does'nt mean that it went unnoticed. Wait for the money to move into MRVC tomorrow, monday and for the rest of next week. Their new product is a breakthrough in the networking industry, MMs are not dumb and they will move in to take advantage. Best regards and good luck to all. Kamil