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: Regis McConnell who wrote (2543)	3/17/1997 12:51:00 PM
From: WBendus	of 42804

No Pain, No Gain! lots of action in the calls today. 430 contracts traded vs 44 on the put side. The calls are usually more active on this issue, but not usually to this degree. NWX (network index) is trading at 238.50, 52 week high is 346.00, that is over a 31% correction. Not to many bear markets correct over 30%. Our bottom is in sight. Hang tight Regis and all, our day is coming. We did get another piece of good news today. INTC has put together a 10/100 Mbs single port printer server. Evidently Intel says this is what there customers wanted. It allows them the flexibility to upgrade.

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