MRV Communications (MRVC) opinions? Message Board

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Technology Stocks : MRV Communications (MRVC) opinions?

MRVC 9.975

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Aug 15 5:00 PM EST

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To: WBendus who wrote (4077)	7/3/1997 8:26:00 AM
From: steve berman	of 42804

Any TA people: Are we in the beginning portion of a handle in the vaunted cup & handle formation? Looks like it to my amatuer eyes. In the handle, wouldn't we expect to see a shakeout down to the $26 to $27 range? We still have almost three weeks until the next earnings announcement (July 22, right?). Maybe a positive earnings surprise and/or some really positive statements and/or some new analyst coverage will give us the price jump with high volume to start the breakout. Comments?

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