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


To: Cube who wrote (10290)8/27/1998 3:32:00 AM
From: Steve Lee  Read Replies (1) | Respond to of 42804
 
Cube,

If the markets "are very efficient these days" and stock prices don't lie, how come Ciena's stock price of 80 last month lied so badly?

Richard is dead right that stocks can be at the wrong price due to fear and greed. In the same way that is is possible for Ciena to get adjusted from 80 to 34, I believe MRVC will get adjusted to 30+

Sure, examine possible problems at MRVC but don't give us crap along the lines of "because MRVC has declined it will continue to decline". Following that kind of argument would have killed you from shorting Intel and Microsoft within the last 12 months.

Wise up. Stock prices, just like Mr. Pink, tell great fat whopping lies.



To: Cube who wrote (10290)8/27/1998 7:06:00 AM
From: peacelover  Read Replies (1) | Respond to of 42804
 
Cube,

Hi! You and I agree on one thing even though we are on the opposite spectrum of this stock. You are shorting and still making money and I am long this stock and patiently and hopefully waiting for my day of reward. The common thing between us is, imo the lousy management which has benefited you. I have one stupid question to ask you and others: Could the lenders or whatever that mrvc got 200 mil from on the basis of $27 share price be shorting this stock if the deal is such that if and when mrvc cannot maintain its $27 share price for a certain period of time, the debenture holders can be paid in share prices when they are very low. Thus, they get more shares for the same money, they have made money by shorting it to achieve that and now they have an opportunity to make more if the stock appreciates. Now who is left holding the empty sac, the old shareholders, cause management has already gotten its 200 mil. Could this be one unknown factor that nrvc's stock be so down? I am just asking. I need help in this matter from experts in this area. I am just raising one possible scenario. Peace and good luck.

peacelover