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


To: Sector Investor who wrote (9537)7/27/1998 3:36:00 PM
From: Jack Colton  Read Replies (1) | Respond to of 42804
 
Well, the good news is MRVC is now listed as a Networking Company.

Bad News is all the Networking companies are getting clobbered.

Anyone want to go back to the semiconductor category?

jack



To: Sector Investor who wrote (9537)7/27/1998 3:36:00 PM
From: SJS  Read Replies (1) | Respond to of 42804
 
Doesn't seem these guys can win no matter what they do.

1) If they miss, we're going down.
2) If they make it as expected, shorts will push it down because the risks get better they won't make it next time....
3) If they really ace it, only then will we try to get a bounce via short covering...but then see # 2.

I am not too encouraged, especially in this mkt environment. The stock shouldn't be acting this way today...