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


To: trilobyte who wrote (10242)8/26/1998 2:11:00 AM
From: Cube  Read Replies (1) | Respond to of 42804
 
Trilobyte,

I was long ANCR at 4 and watched it go to 45 and sold most of my position at 26 on the way down. Did not sell the rest until it hit 4 again. And all the way down, I heard the same theme: Our fiber channel switch is the best and fastest in the industry, and it was. But as I said earlier, ANCR management could not execute. Just one lame excuse after another everytime the stock ticked down another point. I will exit my short position and go long when Noam stops talking and starts acting. Stock price talks, bull$hit walks!! IMHO

Cube