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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: Ernie Zambon who wrote (3167)4/29/1997 6:54:00 PM
From: Dan Spillane   of 42804
 
And the "whisper" says...

"Psssst...Disappointment!" -- i.e., there is nothing positive figured into the valuation of MRVC at the current price level. In fact, the current valuation assumes some kind of disappointment. Unlike other stocks which have been run up, MRVC has been run into the ground due to expectation of disappointment.

Considering the number of shares sold short, and the relatively low volume lately, I'd bet most of the short positions are still open...? This confirms expectations of disappointment.

...you could be right; all Noam has to do is put a positive spin on things, considering the level of negativity figured in right now.

You said:
Renee,Considering the action on Wall Street today and the prediction of more of the same tomorrow this pup could ride the wave for um lets
say 5 points intraday. IMO.EZ
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