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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: Renee Scherb who started this subject8/1/2000 6:01:37 PM
From: michaele23  Read Replies (1) of 42804
 
Not to be negative, but this is from an article written by a shorter on SI Insight, a professional that is, not a basher, can't remember the guys name now.

>>>Still not as long a run as "Cats". . . In reviewing the Commitment of Trader's Report on Friday, we saw that the commercials have continued to build up their short position in the S&Ps. In fact, they are now short approximately 53,000 contracts -- a world record, as near as I can determine. Folks might want to note that this short position build up has been going on for about six weeks.<<<

This looks to me like they are anticipating further downturn. WDYT?

Michaele
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