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

To: Regis McConnell who wrote (12514)	3/25/1999 8:38:00 AM
From: Sector Investor	Read Replies (1) \| Respond to of 42804

<<MRV, the water torture stock, drip, drip, drip.;-) >> Regis, you sure have got that right. This is the most frustrating stock I can remember owning, although SHVA, MADGF, FORE, ASND, BAY, COMS, ORCL all had their "hell hole" periods that lasted months - months that also seemed like water torture, with absolutely no movement or interest shown. I remember Jeff Forrest came on the ASND thread in November 1997 and said ASND was "dead" and "would never again have a multi-point move" - this just 1 month before the stock began it's big rise. I laughed at him then, and subsequent events have proven me right. I bought all of those low 2 years ago and made good money on all of them within 6-9 months. I'm especially proud of buying FORE at $10 the day they pre-announced, then selling it in late Summer '97 at $20+. MADGF I bought at $5, sold at $9, ASND at $22, sold too low - exiting the last portion near $60. SHVA, I rode from $8 to $15. Also COMS $33-$54, ORCL $34-$55. BAY $15-$36. All these in 1997-98 and in under 1 year, and in each my investment was dead in the water for a while that seemed forever - until you look back and see the results. Any time you can double within a year, I think it's worth it. I'm looking for MRVC to do better than that (when exactly I don't know). MRVC is taking longer, but I remain convinced it will ultimately make the same type move.