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


To: Marty Rubin who wrote (12085)2/10/1999 5:57:00 PM
From: Sonny  Read Replies (1) | Respond to of 42804
 
question/comment to the MRVC long friends:

How does this thing work, huh? :-) : The unnecessary bashing MRVC has gotten because of the rotten market this week has created an excellent entry opportunity imho. Also, it has shown an extra-ordinary amount of support at this level in this brutal sell-off. So, lets say, if someone can think like this: Since the year-end target is an easy $30, it will be relatively easy to bet big bucks, say a million buckaroos now, and get off the ride around $20 in mid-summer, isn't it? Some capital investment/loan firm can make some adventurous engineer really retire here prematurely ... input: 1M bucks now, output: 2M bucks in summer (minus 200 bucks commission :-) ) ... How much easier it should really get now? :-)

regards to all,
-/Sonny.