MRV Communications (MRVC) opinions? Message Board

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Technology Stocks : MRV Communications (MRVC) opinions?

MRVC 9.975

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Aug 15 5:00 PM EST

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To: Robert G. Harrell who wrote (20179)	4/7/2000 11:12:00 PM
From: Ed Newman	Read Replies (1) of 42804

The sixty minute chart showed an extremely bullish Bollinger Bands reading. Very tight, narrow channel, like something was about to burst. Signal was very strong and I placed two buys at open. (second after making sure overall market was positive). Only regret is I did not snatch up those July 90 calls while at it. MACD was oversold, but not a decisive indicator on its own. ed

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