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: James Calladine who wrote (9174)6/23/1998 11:09:00 AM
From: Michael H. Dragon  Respond to of 42804
 
I'm not sure that I have ever seen a press release to announce a debt offering without it saying in the press release what the funds are needed for or intended to be used for.The timing of this deal raises suspicion to me.I believe the company starts another quiet period on June 27 unless they change their earnings release date.They keep saying they are looking at ways to enhance shareholder value but nothing they do seems to enhance shareholder value.I'm afraid mrvc may be trading where it is for a good reason and unfortunately for me I don't know what that reason is. I added to my position yesterday, shares I intended on using as trading shares;I only hope that I can make a few bucks on them now. Mike



To: James Calladine who wrote (9174)6/23/1998 11:26:00 AM
From: Dana Breite  Respond to of 42804
 
Mr. P began shorting MRVC at about 24, then later LIED and said he began shorting at 28. He was still shorting it at under 22, and he hasn't covered yet, so he hasn't made much. During this same period he could have shorted HWP or any number of other tech stocks and made a bundle. It's so weird that he brags so much about picking the wrong stock to short. Dana


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News