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


To: Dee Jay who wrote (10743)9/16/1998 12:49:00 AM
From: Jack Colton  Read Replies (4) | Respond to of 42804
 
Hey Folks,

I am back after a 6 week "outage." It would appear that Mr Pink was right. I got most of my money out of here, but did not clear a small Datek account, which has been called, cleared, cleaned and clobbered.

Rereading the 8/28 posts are rather sobering. It reminds me that we all know the potential outcome of any investment decision that we make. It seems UNLIKELY that the outcome would ever be what has happened with MRVC, but we have only ourselves to blame for our decisions invest in anything other than ourselves.

I hope everyone who is still holding MRVC gets fantastic returns, as you certainly will, now that I'm back:-) As a matter of fact, I may quadruple my previous position now. MRVC must have been where Clintax had his legal defense fund stashed, and some legal bills are coming due.

I have not read any of the comments since the 28th... Does Mr Pink think that the worst is behind us, or will this puppy go significantly lower. And was any substantial news or cause ever brought out for the sharp decline in price, or was it just fear? Heck, at this price, someone should pick them up for the foundry alone.

jack



To: Dee Jay who wrote (10743)9/16/1998 9:00:00 PM
From: w2j2  Respond to of 42804
 
I notice that MRV has a TTM sales/employee of $.50 million This compares to:
.76 Cisco
.73 Ascend
.59 Altera
.53 EMC
.32 FORE
.39 Intel
.27 Linear Tech
.22 Lucent
.43 Xilinx
.23 Maxxim
.29 Uniphase
anyway, not too shabby. fwiw wj