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

To: Cube who wrote (10190)	8/23/1998 9:06:00 PM
From: Sector Investor	Respond to of 42804

<<Investing in CIEN takes more guts than I have Long or Short!>> Cube, I agree. Although in their Conference Call on Friday CIEN reiterated comfort with their next quarter and also for 1999, there will be a lot of uneasiness here going forward. It was stated I believe that Sprint and WCOM account for 96% of their revenues, and WCOM started delaying and now T is apparently backing out. That situation would certainly make me nervous. I'm glad now I never went into CIEN, although there were times earlier this year when I thought differently. They already dropped 60+ percent. Is that enough, or will others want to exit too? I can see the possibility for them to either drop another 10 points or to rise 10 points. Which will it be? Who knows? Wait and see.