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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: rpsev who wrote (4211)7/12/1997 10:16:00 AM
From: WBendus   of 42804
 
Interesting developments in the short interest levels.

Sht Int as Sht Int as Closing Closing
% of Flt % of Flt price price
for June for May Jul 9 June 9
MRVC 10.90 10.80 29.50 26.69
COMS 18.80 23.10 48.50 47.63
ASND 19.90 24.30 52.63 45.88

Very interesting to see that the shorts are turning there focus
towards COMS and ASND. Maybe, the shorts know something about a
buyout of MRVC? I'm just kidding, just kidding. I just thought it
was interesting to see that for the period the prices of these stocks
(ASND & COMS) have generally gone up and so has the short interest.
Are the shorts right in thinking there will be lower prices ahead for
these companies, or will they be busted and run the prices up
exponentially from here?

Wayde.
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