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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: Renee Scherb who started this subject5/7/2002 9:21:46 AM
From: James Calladine  Read Replies (1) of 42804
 
NEW 52 WEEK LOW:

Anybody have any comment about yesterday's new 52 week
(and probably far beyond that) low of $1.64?

This looks to me a stock solely in the hands of its shorts,
so maybe SOMETIME OR OTHER we can look forward to a brief
short covering rally IF the overall market strength
scares them enough.

I am not gutsy enough to short MRVC at this level, but I am
sure lots of people are. It has been a wonderful stock for anybody going short, and MRVC hasn't come up with anything
much that would discourage a short seller.

Namaste!

Jim
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