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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: signist who wrote (6719)1/13/1998 7:07:00 PM
From: Eric L.  Read Replies (1) of 42804
 
Awhile back someone commented that MRVC had de-coupled from the networking stocks & was trading independently or w/ a second tier networker whose name I don't recall...I 'd like to advance the idea that MRVC is now trading coupled to INTC based on today's bounce linked up w/ INTC's earnings release....or even if the whole market is not trading them as a pair some large intitutions or "players" (whatever that means these day) are.....right or wrong they are basing MRVC's growth on INTC's fortunes.....just a thought....

Of course, I'm that would not mean that sector forces have no effect..

later

here on a SI a 20 day & 100 week charts overlayed of INTC & MRVC are worth a gander...tho I'm no charting technical guru for sure...

iqc.com

iqc.com
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