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Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST

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To: Saul Feinberg Jr. who wrote (9705)7/29/1998 9:30:00 PM
From: ED PLOPA  Read Replies (1) of 42804
 
Saul, I'm no economic expert, but I think that short institutions just convert their debt to cover the short. In an upswing in price there's no harm no foul (even Steven). However, in a price downturn, institutions sweeten yield with shorting profit.

I'm sure Seth will correct me if I'm wrong.

Ed Plopa
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