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


To: candleLight who wrote (13671)5/23/1999 8:10:00 PM
From: Sector Investor  Respond to of 42804
 
As I have said many times, I'm looking ahead in terms or quarters and years, not days or weeks.

I have consistently been bullish - even after the price crash last August.

The threads were MUCH more negative then.

The recent more optimistic change is because of LOTS of positive news has come out so far this year - awards, equity investments in new companies, new products that look impressive, improved corporate marketing, etc, and we have made a nice move up in the last few weeks.

However, the short term price level is still fragile, IMO. If we miss Q2 for example (and this will be a tough one due to all the expenses coming in Q2), we could drop back. If this should happen, I hope to spot it in advance and sell part and then buy back lower.

Long term, I remain bullish. Short term, anything can happen. I think the next 2-3 weeks could be up rather than down though - just my opinion due to the news and events.