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: Bruce L who wrote (14181)	6/29/1999 3:31:00 PM
From: Greg h2o	of 42804

yes, there was resistence the last time we hit 13 1/2...but, that can disappear in a hurry if someone steps up to the plate. besides, if the traders are good enough, they will play this for all they can if they are on the buyside, gobbling up stock under 1/2, but keeping their bids at relatively small amounts.... there's no reason to panic buy at this level, but i think we'll continue to see accumulation until there's some formal news on mrv's intent to do, well, whatever...hell, JNPR could gobble us up at this point! <VBG> greg

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