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: Mama Bear who wrote (10671)9/3/1998 1:13:00 PM
From: DAVID BANISTER  Respond to of 42804
 
I hear ya Barb...

I agree the small buying at 23 was pretty much meaningless... your correct there. But the selling is not an issue either frankly. If there was significant buying then it would have some impact, but it was token amounts. And I'm not justifying the stock drop... it was probably fair until they can execute the next generation on time and profitably and not lose customers. I bought at 15 3/4 and 6 5/8. I did not buy at 40 per share or 30, or even 20 thank god. I still screwed up big time and admit as much. However, you can buy the company for book value and the business is free. I think its worth a bit more than what it trades for now.



To: Mama Bear who wrote (10671)9/3/1998 4:08:00 PM
From: WebDrone  Read Replies (1) | Respond to of 42804
 
Barbara, please stop. Your are pissing in the wind. Let me try-

Barb is saying that "the Longs" are waving the insider buy as GREAT NEWS. In fact, the longs on this board long ago discounted it as a condition of the PRU debenture; the banks like to see insider money on the line, even from insiders with a lot of money from previous circumstances. (I brought this point up, from personal experiences at another company.)

Some are saying "any good news is good news", and "it's normal for insiders to diversify."

Why is this so hard? Some longs are foolish. So what? Some short may get burned on this stock, too. Anything can happen with a stock so far out of equilibrium- I make no predictions except thing will get better, worse, or stay the same.

This is not rocket science.

WebDrone
(I may not know investing, but I know rocket science)