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: mph who wrote (7091)	2/21/1998 8:03:00 PM
From: signist	Read Replies (3) of 42804

The last few days of trading observations by myself FWIW. Shortly before the AM bell the stock's BID was well above the ASK by approx. 3/4 of a point, which at the time seemed to indicate big positive interest to buy. After the bell the stock would almost immediately pop up to 28-1/2 sometimes touching 29. However, if one watched closely, the shares were bought in small blocks and the volume would practically come to a halt, then the stock would fall and never return to the quick high in the morning.http://www.techweb.com/investor/feed/stockRes.cgi?symbols=MRVC&mode=5-Minute%20Chart What could one deduce from such activity?? Someone might have been trying to sucker the followers to buy to start upward momentum then sell. The only thing positive that I could make of the last three or four days trading is that MRVC price has come back or stayed steady at 28. Again, what worried me was I didn't see ANY big blocks trade during this period. Can anyone verify this for sure? Some said " nobody wants to sell their holdings". This was a good sign? The people, really in the know haven't been buying this stock on sale sure hasn't made me feel any better. I'm one of the many that shouldn't have been so greedy last quarter and should have sold then and bought back later. This is probably the root cause for so much anxiety. If outside influences over shadow MRVC's numbers again I think I will throw up. Atleast three times this has happened. The 5% ownership filing recently gives me little confidence because this person filed over thirty others the same day. Even if the stock price hadn't moved up much but we were seeing volume increase I'd feel better about things. I have short term money here and long term so Cay sa rah sa rah (sp) This company in the long term will give us very good returns. No doubt about this.IMHO I haven't had much fun watching MRVC's stock price for the last three months and we haven't had a good debate around here in a long time. Even the Technically gifted are gone, except Ron. Good Luck to all, John

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