SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?

To: E Newman who wrote (10403)8/28/1998 2:52:00 PM
From: Len Roselli  Respond to of 42804
 
E,

<< It's not what you buy that counts, it's when you buy it! >>

I'm glad you could buy at what seems like the bottom (for today, at least). Your timing is excellent, or you may just be lucky. Whatever the reason, it doesn't matter; the fact is you got an excellent price.

As for those of us who've suffered a devastating loss, remember that nobody loses money in the stock market until they sell. And nobody makes money unless they buy AND sell. For shorts,of course, it's the other way around. Good luck on your round trip.

len




To: E Newman who wrote (10403)8/28/1998 3:26:00 PM
From: Matt Webster  Respond to of 42804
 
I'm in at 6 7/16 after commission. If I had some free cash, I would buy an option spread. 2:1 ratio calls to puts. I guess they will add 5 and 10 calls/puts now.

This has got to be a takeover now. Who else has terabit switches, VPN's and fiber optics for $180 million? Trading at less than 1x revenue this would be immediately accretive to any larger player. I would look for a takeout in the $15 range.

Matt


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News