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

To: starpopper who wrote (10338)	8/28/1998 1:33:00 PM
From: starpopper	Read Replies (2) \| Respond to of 42804

HOLY SHIT! I looked up at my tracking stocks and saw a 6 and 8 next to MRVC...I was floored to realize it meant MRVC dropped over $8 to the $6 range! Even though he got the reasons for the fall wrong, Mr. Pink does indeed deserve some koodos...congratulations "pinko"! Actually, due to his consistent bearish stance on MRVC in addition to some short term doubts of my own, I fortunately sold my last position at $22.5. But I was not happy about it at the time since I thought the floor would be about $18! I'm thankful as hell now! The company has some nice assets that would combine well with a number of other networking companies, and it is positioned nicely to take advantage of the coming optical fiber revolution! I'm going to be buying in small portions below $6! This stock could EASILY bounce to $10 short term, but we should see serious overhead resistance while MRVC longs unwind their positions! The floor is going to be harder to call...we may see the sub-$4 range...OOUUUCCCCHHHHH!!! $weet Dream$ $tar.