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


To: JZGalt who wrote (8314)4/23/1998 6:43:00 PM
From: michael modeme  Respond to of 42804
 
Just an update: The upgrade on ATI just prior to earnings was correct. Man, I think monday will turn out great. I'm thinkin' 3 cents ahead.



To: JZGalt who wrote (8314)4/24/1998 8:45:00 AM
From: Greg h2o  Read Replies (3) | Respond to of 42804
 
RE:<<???? Seriously, do you really believe a $5 point move back to where the stock was 3 months ago is phenomenal??>>
First, fortunately I didn't own the stock 3 months ago. Second, a 20%+ move in a week is something to be happy about....not just for options holders, either.

Also, comparing oil service stocks to communications stocks is like comparing, well...oil and fiber. There are some pretty compelling reasons to buy oil service stocks at this point, just as there were compelling reasons to buy communications stocks toward the end of '97. The valuations, given the recent sell-off in oil service stocks, give those with a longer-term view a chance to buy some quality compaies. You could have picked up RDC in the mid 20's a month ago. Does anyone really believe oil will remain at these levels (speaking of ignorant analysts)?
greg