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: Dan Ross who wrote (428)	10/16/1996 2:26:00 AM
From: Dan Ross	of 42804

O.K. Been doing some work on technical analysis of this stock. >50 day moving average <100 day moving average Nice uptrend since recent slide Most likely to be at 25-27 by end of week - Probability close to .8 The stock could be as high as 28 by the end of the week. Most recent close before slide - 25.75 from there, higher. I believe 28 but have to look into it. Should be interesting since options expiring. Those who shorted, I believe, should be concerned due to recent movement & Barron's retractment.(Oct. 14) Intel's good news should = good news for MRVC. (Networking products) Finally, MRVC still doesn't get alot of attention by many analysts from institutions. This is a plus for long-term investors. Good luck & keep up the good work guys! Marketing Midterm @ 12:30 today! Dan Ross

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