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


To: WebDrone who wrote (12345)3/3/1999 10:31:00 AM
From: Sector Investor  Read Replies (1) | Respond to of 42804
 
<<I am setting myself up to begin more active trading in
this company.>>

Web, I think that is the way to play MRVC until it begins it's upward move. I bought a lot (for me) when it dropped under $6 last year, sold some pre-earnings at $9 and again at $8 (not enough in retrospect), bought back agian at $6.5, then sold part yesterday at $7 5/16. If it drops back, I'll do it again. It's better than crying in my beer.



To: WebDrone who wrote (12345)3/4/1999 9:38:00 AM
From: rascalbythesea  Read Replies (1) | Respond to of 42804
 
WEB... I am happy to see you still have the spirit.

It looks like MRVC is on target for Q1 sales of 68-70 million and a loss of 2-3 cents. Q2 will show sequential gains in sales and a turnaround in profits. Everything should be sequentially higher from there. First call showing 75 cents for 2000. Price of stock should start reflecting all of this shortly.

BTW, Shlomo doesn't need a big black Mercedes, he can always borrow his son's. Noam on the other hand has been flying without the use of a plane, so he can keep on winging it.

As far as posting on Yahoo! I enjoy needling VladThepest. I don,t bother posting anything of value there.

btb