MRV Communications (MRVC) opinions? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : MRV Communications (MRVC) opinions?

MRVC 9.975

-0.1%

Aug 15 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Renee Scherb who wrote (205)	9/25/1996 11:12:00 PM
From: Dan Spillane	of 42804

<According to todays IBD MRVC's short interest stood at 1,734,214 shares as of Sept 15. The current float is 12million shares. > The MRVC price has been dropping primarily due to short interest. There's another stock I bought recently at 14 and 17 dollars (IOMG) which had a lot of short interest, too... I think Wall Street has not made the connection between Fast Ethernet and MRVC. Or at least, the persons who have taken the huge short position do not. There is confusion on Wall Street between Gig Ether (which isn't selling yet) and Fast Ether (which is selling 4-5 billion this year). I heard comments on the Street today about "unsustainable low market values." MRVCs number is coming up soon, I'd say. Anyone want to start leaning on MRVC, buy side? Hmmm. Dan

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next