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

To: michael modeme who wrote (11788)	1/26/1999 10:55:00 PM
From: Sector Investor	Read Replies (3) \| Respond to of 42804

<<(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>> Yes, the resemblance to the ASND scenario is striking. I rode ASND down from the low $40s. When it hit $22-$23 I tripled up, and bought calls (June '25s!). Most on the thread were still negative into the $30s, and the ANALysts and techwriters stayed negative into the $40s. I sold those calls when the stock was near $40 (did very well there) and started unloading the shares in the mid-$40s, finally exiting at $60. As you can see I tend to be early - both on entry AND exit. I again bought heavily between $5 1/4 and $6 1/2, selling some the last time it crossed $9, then buying back again under $6. I'll try to correct that exit tendency this time. I plan on holding a core amount for the next several years, but I will trade long cycles and options as well. In case anyone out there missed it, a major corner was turned today. Oh, there will still be heavy skepticism - and there will continue to be until the stock hits $18 or higher again. By the time everyone is convinced, the stock will be back in the $20s. With ASND there was strong skepticism until the stock moved into the mid $40s. If you wait for that rosy feeling, you will miss the first 10+ points of the coming uptrend (which of course is the easy money). Not hype - just experience. Been there. Done that. Want to do it again!

To: michael modeme who wrote (11788)	1/27/1999 12:10:00 AM
From: WebDrone	Read Replies (1) \| Respond to of 42804

Michael, several optics companies were simply on fire. NT posted very solid. LU soared on that and an upgrade. ASND went bonkers (I guess I'm gonna own asnd finally via my LU shares.) But if these companies are not on your screen- take a look- ETEK- passive optical components IPO up 24% to $31... earnings yesterday, beat estimates and new coverage. UNPH only up 17% to $81 3/4. Simply pounded estimates. Laser company... CIEN didn't participate today- perhaps they needed a rest from recent rocketship action. My point? Tech was hot today, but optics was white hot. Congradulations on ASND leaps! What kind of car are you going to buy? Web