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

To: Steve Lee who wrote (8552)	5/4/1998 2:35:00 PM
From: cmg	Respond to of 42804

UPPER END 28+_ AND LOWER END 23+-.....IMO...cmg

To: Steve Lee who wrote (8552)	5/4/1998 2:57:00 PM
From: David Semoreson	Read Replies (1) \| Respond to of 42804

>> What are the limits of your trading range? How do you decide where these limits are? << This is THE question. I had been loading at 23-24 and selling at 25-28. "Fair value" is in the mid-30's IMO, but I sell cause I see (around $28) as much downside as up ... MRVC is a weak stock. Currently I'm looking to nibble small amounts in the low-26's. Will load at $24 and will sell in the 28's. All this assumes no news. Ideally I'd like one more kick at $23 and then I'll hold until $31-32 (or will I?) I love this company, but the Street doesn't (and they make the rules) ** David