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


To: Seth Leyton who wrote (10351)8/28/1998 9:03:00 AM
From: Roger Brown  Read Replies (1) | Respond to of 42804
 
Ask is now $12 (oops, just now moved to $11.50 in 3 minutes)...Guess it's worth another 20% today on the downside...I'm sure we'll break the 1 MM volume yesterday..



To: Seth Leyton who wrote (10351)8/28/1998 4:29:00 PM
From: Robert G. Harrell  Respond to of 42804
 
Seth,
Do you mean you now don't believe there is a big TC contract coming? In hindsight, was the issue we discussed back and forth about Q2 '98 having no growth over Q1 '98 if you took out the $5mil from Xyplex, a predictor of things to come? What exactly did you mean that this company has not grown internally? Has what I picked up on in Q2's statements been true every quarter in some fashion? I didn't think there had been enough acquisitions for all the growth to be smoke and mirrors.

I will continue to hold and perhaps buy more at these fire sale prices if the technology is real and growth and/or a buy out will come.

Sure would like to hear more of what you feel about the future of this company once you've done whatever you do to settle down after a truly rotten week.

I sure wasn't expecting to use much of the proceeds from the sale of my former nursery property to cover huge market losses. Sigh.....

Bob

Opps, I just remembered one more thing I wanted to ask of you or anyone who has level II. Yesterday I kept checking the intraday chart to see if the big players were buying or selling and was a little troubled because I wasn't sure that some of the big blocks weren't sells. After the other shoe dropped I went back and printed out the chart to see better whether the big trades matched spikes up or down because I suspected that the bad news had been leaked. It still looks like most of the big trades were buys but my method is very unsophisticated. What does a more sophisticated print of the action show?