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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: KOVICH who wrote (835)11/26/1996 9:31:00 AM
From: Seth Leyton   of 42804
 
Thanks for the explanation for our friend, Kovich. PFTC has personally supported this stock from being in the low teens and I and I think the rest of us owe them a debt of gratitude. As far as the Russell 2000, I don't really follow that index. I follow individually undervalued situations. And for the rest of the market. I think that the mutual funds are ramping the big names in a way never seen before. I think it will hurt when it is over, but it's not over just yet. Too much money, low interest rates, etc. The story is old. I refuse to buy the market(and have been wrong for the last 1000 points) but will continue to not buy it here. And as far as Instanet...I have access to people who use it... I can get a good read on the market like yesterday there were about 10000 shares offered close to 16, they got bought up and then the selling dried. The institutions came in and...well, we all know where the stock finished. If you want a read, email me.
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