MRV Communications (MRVC) opinions? Message Board

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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: mahler_one who wrote (41137)	5/28/2003 11:14:21 AM
From: rascalbythesea	Read Replies (1) of 42804

<<BTW Rascal, do you believe the positive action is technical and related to the elimination of the convertible over hang and the general market(s), or is there some very important announcement lurking in the back round. And, of course, there is bound to be lots or profit taking today....think we will close over the $2 mark, or is a retest of the support still in the cards?>> M1....you are very inquisitive. As I said in my previous post, I had heard something about Alcatel or Marconi providing edgerouters and switches to phone companies to enable them to move 10 times as much info through packets thereby making their fiber optics more valuable. I don't know if MRVC is a supplier or not, but if they are, it could finally be a profit surge. The question is not whether we close above $2 or re-testing $2 as support as much as the fact that selling pressure should now be relieved. At least until $3.75. RASCAL

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