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

To: cmg who wrote (11515)	12/23/1998 11:17:00 AM
From: rascalbythesea	Respond to of 42804

Hi cmg, I should have pointed out that management does own almost 20% of the outstanding stock now, so they have more than a rooting interest. But they should still be buying more at this level if they believe in MRVCs future. btb

To: cmg who wrote (11515)	12/23/1998 11:24:00 AM
From: WebDrone	Respond to of 42804

Selling= no faith. Not Buying = wait and see. I get the message that we are going to trade sideways for a while. The company has a major R&D tera-thingy, and other stuff that should be out of the pipe before then... but nothing major for at least 2 q's- just my guess here. That is why I felt comfortable selling half my shares for the tax-loss... I just can't see the stock going much of anywhere until early January- when lots of others like me rebuy their shares for less than we sold them for. Web