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: Sector Investor who wrote (8564)	5/5/1998 4:36:00 PM
From: Seth Leyton	Read Replies (2) of 42804

We have bigger problems. Mrvc has no institutional sponsorship. I do not believe you all have a real understanding of what that means. It means that there's too much stock floating around. You all have noticed that it takes 1mm plus in volume to get this stock up 2 points or more. But on 50k shares of down volume the stock could be down as much as 1 1/2 - 2 points for no reason. Why? Ask your Nasdaq market maker. There is no sound reason...it is a fact of life with OTC stocks. So what does it really matter if there's 28mm or 42mm shares outstanding? Not at all. What matters is whether there are large, long term holders (believers) in the company and that when the stock dips there's buyers and when it runs there are no sellers. You asked for it...you got it...my opinion! (It's worth what you paid for it!) On a lighter note. My mole at Interop says things look great. Good luck. I'm off to NYC for some business. Look for me pinching Maria Bartiromos Butt. If you see her slapping someone...it's probably gonna be me. Seth

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