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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: williet who wrote (2683)3/26/1997 11:30:00 AM
From: WBendus   of 42804
 
Today will likely prove to be a key technical day. We have firmly broken the downtrend of the recent month and a half since last report and I now feel that it all remains strong today we should see $24 by next weekend. I would like to see the average trade up around 1500 to confirm that the institutions are buying. As of now the average trade is just over 1000 at 1018. 387.9K and 381 trades.

I will elaborate more on the T/A story this evening after I have had time to analyze the recent activity.
Wayde
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