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

To: signist who wrote (9908)	8/6/1998 1:37:00 AM
From: Saul Feinberg Jr.	Read Replies (2) \| Respond to of 42804

good post, john. i really think it's just a lack of momentum right now. trouble is, i am not as long-timer as some of you are. i never followed the thread until 1997. seems to me that MRVC is just not having any momentum. that's all it is. Plus, with average volume of 300-400,000 shares. Only 6-8 Million dollars is the total dollar volume. So, there's a lot of volatility with stocks like this. at this point, a lot of negatives seem to be priced in. any little positive (e.g. positive cash flow, no fraud accounting, a contract announcement here or there) will contribute to raising the stock price.

To: signist who wrote (9908)	8/6/1998 3:17:00 AM
From: Richard Birecki	Read Replies (1) \| Respond to of 42804

John, You are right. Management does not like to spend $$. And it is to a fault almost. Several times I have asked what one specific honcho was thinking and was told, "he believes it is a a waste of money." Well, I have several thousand shares of this stock and am way too leveraged in it. I take a look, I see $4 + (from memory) cash per share. That's not an insignifigant figure. We'll see what type of ride we have tommorrow. Richard