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


To: WebDrone who wrote (9425)7/17/1998 1:06:00 AM
From: Sector Investor  Respond to of 42804
 
This was the text that Stapleton sent out to analysts and investment houses last week:

(MRVC)

invites you to join us for our

Second Quarter 1998
Earnings Release Conference Call

Monday, July 27, 1998 at

1:45 p.m., Pacific Daylight Time
3:45 p.m., Central Daylight Time
4:45 p.m., Eastern Daylight Time


To participate in the conference call, please call:

at approximately 1:35 p.m. PDT

Financial results will be released to the news services earlier that day,
and we will fax the earnings release to you prior to the call.

To assist in our planning, we would appreciate an
RSVP if you will be participating in the call.

Thank you.



To: WebDrone who wrote (9425)7/17/1998 1:39:00 AM
From: Marty Lee  Read Replies (1) | Respond to of 42804
 
Hello... new here.

I held MRVC some time ago. It's been overbought and, perhaps now, oversold. Nevertheless, it's been played out for most "investors" looking for large, short term gains. MRVC may claw its way up to $40 a share someday - for those patient enough to wait another 18 months; then fall back again as it's all part of the game. Presently, MRVC appears to be a growing company in a growing field. Sound and solid.

Ciao,
Marty



To: WebDrone who wrote (9425)7/17/1998 8:39:00 AM
From: SJS  Read Replies (1) | Respond to of 42804
 
WD,

I agree. I never heard a Gruntal downgrade. As recently as May, I read a business week article that a guy there (Indian name, I think) LOVES the stock. And so does Battipaglia.

Let's find out if he can product a reference for this. I'd be very suprised...



To: WebDrone who wrote (9425)7/17/1998 9:11:00 PM
From: Eric L.  Read Replies (1) | Respond to of 42804
 
Sorry to bear the unwelcome news but check Zack's and you will see institutional holdings have dropped w/4 strong Buys and 1 Hold. Check WSJ for Gruntal news...

WSJ dated 6/19, I noticed Zack's change before vacation a week or two ago, when I returned it showed up on my Personal Journal search. Any folks out there care to back this up? It has since scrolled off so I cannot cut & paste.

I will double check since the item appeared and disappeared, but to me the recent stock behavior makes this unsprising to me to a certain extent.

TIA
eric