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: Sector Investor who wrote (16094)	9/30/1999 9:56:00 PM
From: Lost1	Read Replies (2) of 42804

I'm expecting a pop manana after a day like today..Closed near the high on triple volume. Notice the struggle going on during the last hour of trading today between 23 1/4 and 23 3/4. finance.yahoo.com Gap up of almost 1 pt. at today's open. Seems like someone (MM) desperately wants to hold her below 24. When that becomes impossible ...the shorts will have to cover to avoid any more pain. I find almost 3 mil. shares short as of 8-10-99. Anyone have a more recent #? Look at the P&F chart I posted before. The pattern that started @ 14 then began again @ 17 1/2 seems to be repeating for the third time. BTW--I get a PO using P&F of 44-46 All the above IMO. You guys really do your homework...good stuff!

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