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

To: Yong who wrote (12408)3/12/1999 12:13:00 PM
From: Sector Investor  Respond to of 42804
 
I agree. But I imagine they will keep ratcheting down the bid as long as there are sellers.

I just bought some at $6 1/4. If it drops to $6 or below I will buy again.

It's hard to have any type of positive view when the price keeps dropping, but I will offer some items anyway:

1) MetroFusion ships in May
2) Aranea demos in June
3) Fiber Driver is going to be a big winner
4) Series 8000 router coming mid year
5) MRVC major investment in 1998 in R&D and SG&A will payoff, but there is always a lag between investment and new revenue




To: Yong who wrote (12408)3/12/1999 12:22:00 PM
From: rascalbythesea  Read Replies (1) | Respond to of 42804
 
Sellers might be those that cannot see the light at the end of the tunnel, not necessarily that the stock will keep going down, but that they can't see when it will begin to rise. They may consider their investment in MRVC as stagnant money. In other words, they have lost faith.

benny


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