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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: STU who wrote (7633)3/8/1998 11:41:00 PM
From: STU  Read Replies (1) of 42804
 
I have been watching the trades in the stock over the last week.

It certainly appears ready to expload. With an average daily trading volume of over 10% of the stocks float trading and much of the stock being placed into longer term accounts, the most likely moves once institutional action begins is larger steps towards the upside.

There is electricity in the air as the road show is moving forward this week. The additional cities that have been added tells me greater institutional interest is beginning. A clear sign will be the number of block trades we see in the stock this week.

Monday should begin to prove this strength as we are challenged by the CPQ news from Friday, but I believe MRVC is not subject to this weakness. As the stock trades off, there appears many new buyers on the sidelines.

With all the great news coming forth from the old divisions and as the new Xyplex acquisition developes over the next 2 quarters, investors are realizing how undervalued the company is.

Remember, MRVC had the lowest market cap of the top 5 stocks picked for the next ten years. Over the next 60 days we should see additional 13G filings for institutions having in excess of 5%.

Lets not forget how easy it would be to take control of the company since management is equal to 25%. What investor wouldn't take $50 now?
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