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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: James Calladine who wrote (19842)3/29/2000 11:16:00 AM
From: delmarbill  Read Replies (1) of 42804
 
I don't see much conviction in the market. MRVC has simply followed the NASDAQ down from it's lofty levels. It looks like it will take at least six weeks for the 50d ma to catch up to 5000. Given this scenario, its hard to have much more than a short term focus on MRVC. I feel the news will come though, and we will resume our ascent.
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