MRV Communications (MRVC) opinions? Message Board

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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: Ronald D. Stange who wrote (448)	10/19/1996 5:36:00 PM
From: Dan Ross	of 42804

To all: Nice job Ronald. I think this shows that MRVC is being overlooked. Don't worry though, when people finally get wind of MRVC, look out. On another note, by now many are saying 25-27. What the heck were you thinking. I myself couldn't figure out what was happening. Right about now, I could shove that cup & handle formation & put it you know where! Anyways, after looking good & hard, I noticed this in the trading pattern. Last week, MRVC closed near its low or middle of intraday trading each day. This week however, MRVC actually closed at or above the middle of the intraday trading range the last four days. By now you're saying why in the heck do I care about this! TA (technical analysis) indicates strongly that when stocks close at or above the middle of the intraday trading range, the stock tends to go up the next week. Anyways, this week will be the exciting one! Earnings due for many high-tech companies & I believe MRVC should see the 25 - 27 price target that I have within the week. Otherwise, I'm throwing the charts away on this stock! Good luck & best returns! By the way, did anyone check out sevl. Poised to move! biz.yahoo.com techstocks.com I encourage everyone to check it out! One man's opinion. Dan Ross

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