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


To: WebDrone who wrote (9876)8/4/1998 1:12:00 PM
From: Jack Colton  Respond to of 42804
 
Well, we have finally bounced off of 18.5 on our way back up to a close of 19.25.

This sell off across the market it to get back at some of those overvalued companies (like the internet stocks) and not a direct assault on good companies with conservative ratios like MRVC.

jack



To: WebDrone who wrote (9876)8/4/1998 1:12:00 PM
From: SJS  Respond to of 42804
 
We are going lower, certainly. Good stocks and bad, everything today (but internets) is getting really whacked.

Down hit -225, Naz -57, but recovering. Panic selling.

I think a retest will happen before today ends....



To: WebDrone who wrote (9876)8/4/1998 1:24:00 PM
From: David Semoreson  Read Replies (1) | Respond to of 42804
 
Drone ... my buy was filled at 18 3/4 ... we laughed a few hours ago how it wouldn't happen today .... my next buy is at 17 1/2 ... who knows?

Anybody else want to sell me their shares at 10x next years earnings?

** David