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

To: signist who wrote (10796)	9/22/1998 8:31:00 PM
From: Dan Spillane	Read Replies (1) \| Respond to of 42804

I meant, this stock is incredibly cheap. If MRVC's technology were worthless, perhaps a P/E (forward or trailing) of 7 COULD be justified in an awful bear market. But, technology has value. Who says if MRVC rolls out new products that things cannot swing up again? I said: " Trailing P/E of 7 too high...? Technology worthless? NOT!"

To: signist who wrote (10796)	9/22/1998 9:08:00 PM
From: SJS	Read Replies (1) \| Respond to of 42804

You know........... in a way I don't want to have the stock get too high.... Why? Well we can go through earnings season not have to sit on pins and needles wondering how much we're gonna again lose.... if it stays right here, at about 8. If it goes up too much, we may get a stock fallback. Unless, of course, they get bought out, or a miracle: They positively blow out the quarter. See what a year of false promises and hopes and a downtrend does to one's thinking?