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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 (10030)8/13/1998 11:45:00 PM
From: WebDrone  Read Replies (3) of 42804
 
Anyone care to predict tomorrow?

I am thinking that this Smart Whatsis article is a really nice surprise piece of good news. We don't get good news.

I know a fair amount of the short volume is due to hedging on the convertible by the bond holders, but I recall there were six days of short volume before the convertible.

It seems to me that MRVC is wound pretty damn tight, and any interest could pop us to $22 really quick. As pointed out, there could be heavy selling at $22 1/2. I don't know about that-

My question is, will this article bring in enough new blood to provide the catalyst to shake some shorts loose?

I think I may go out on a limb tomorrow morning, and buy even more. Any thoughts appreciated.

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