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

To: Sector Investor who wrote (11781)	1/26/1999 8:22:00 PM
From: michael modeme	Read Replies (2) \| Respond to of 42804

Yes, MRVC has been (and still is in my opinion) way undervalued because of the missed product cycle and lack of confidence by investors. Same thing happend with ASND, AMAT, etc. etc. etc. This is a pretty easy game to play. Pick a good company that has great products, great management, and has returned a very good growth rate in revenues and earnings. Then wait until they miss a quarter or the sector gets hit (something short-term), the stock will inevitably drop like a rock. Then buy buy and buy, wait a year or so, then you've got 100-400% profit (most of the time). I have done this with ASTX, NETA, ASND (I put 35% of my portfolio into ASND Leaps when ASND was at $28, and now I'm very happy!!), AMAT, etc. etc. When MRVC dropped down to $6.25 I picked up a large amount of shares (I had a few from $22), now I'm starting to reap the benefits and in another year I should have a large % gain. Pretty simple strategy that works most of the time. Welp, MRVC is on it's way, and I'll be there for the ride up to $40+ Cheers