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

To: Greg h2o who wrote (10536)	8/31/1998 11:44:00 AM
From: daaan	Respond to of 42804

Isn't dollar cost averaging just averaging down when a stock or market is pulling back?

To: Greg h2o who wrote (10536)	8/31/1998 11:49:00 AM
From: Cube	Read Replies (1) \| Respond to of 42804

Greg, That's fair. But while you are deciding whether its a wise place for your investment dollar, read this: Message 5631153 Cube

To: Greg h2o who wrote (10536)	8/31/1998 11:54:00 AM
From: starpopper	Read Replies (1) \| Respond to of 42804

I'll have to disagree with the "never, ever average down" comment! As Warren Buffet says, buy good quality companies and if the market puts them on sale while the fundamentals are still the same, then buy some more! Averaging down has been great in my experience! Made a killing by averaging down in IBM, RMBS, MRK, INTC, CYTO, ICOS, FORE, and many more! Got killed doing it with TMX, and MU! Currently doing it in DJT and NETVA/CS! Never say never! The key is change in the fundamentals! MRVC has not changed the fundamentals...no funny money and cooked books as pinko suggests, just a short fall in growth rate and an ass kicking in the market because of Noams' incredible knack for bad timing! I'm trying to be a buyer below $6 but I think we may get a $2 pop from these levels before I can get back in! This is a steal now, but in this kind of market one can afford to be stingy on the bid side for the next couple of months! $weet Dream$ $tar.