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


To: Len Dantzler who wrote (10869)10/15/1998 10:51:00 PM
From: signist  Read Replies (2) | Respond to of 42804
 
Hi Len,

It seems that as soon as the Fed cut rates action dried up and even sold off. IMO there was easier money to be made today in the Dow once the Fed did it's thing.
The rate cuts may help MRVC in Asia as the Yen has dropped significantly. Probably will not help this quarter's numbers but
this should make MRVC's products more affordable in Asia.
Now the German's seem to be holding the line and this may hurt MRVC prices in Europe.
I feel a little more comfortable with the Yen and interest rates
moving down. Hope this promotes corporate buying.

Just one man's opinion

Regards,
John

Len-which link were you having trouble with today. I ran my mouth an awful lot today? Seems I was talking to myself. See what this stock has done to me.:-(