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

To: PaperChase who wrote (10233)	8/25/1998 6:09:00 PM
From: Steve Lee	Read Replies (2) \| Respond to of 42804

MRVC's stock price tells me: There are no buyers because: a) MRVC is perceived to have high inventory levels b) MRVC is seen as a small player in a commodity market dominated by massive competitors c) MRVC management have not treated stock price as a priority MRVC's stock price also tells me: It is a fantastic bargain because: a) Inventory levels are high due to in house production of components b) MRVC is a niche player in high markup products c) MRVC management have concentrated their efforts into building a sound business d) Those with a sheep mentality say - Duh, the stock price is low therefore there is bad news therefore I will sell my holding MRVC's stock volume tells me that there is no bad news causing the selling but just a downward drift due to lack of buyers rather than a large number of sellers.