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

To: Bruce L who wrote (11190)11/5/1998 11:07:00 AM
From: Greg h2o  Respond to of 42804
 
I just don't see it moving much higher in the near-term without any news or unless the sector continues to move up.... CSCO beat estimates and is only up $1. I think, short-term, we'll see profit taking in this sector and that doesn't bode well for MRVC. But, hey, I'm a long-term holder and could care less what happens over the next few days. But, if I were buying at this point, I'd probably wait.
greg


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