MRV Communications (MRVC) opinions? Message Board

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Technology Stocks : MRV Communications (MRVC) opinions?

MRVC 9.975

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Aug 15 5:00 PM EST

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To: Albert Mou who wrote (10642)	9/3/1998 6:17:00 PM
From: Cube	Read Replies (2) of 42804

Albert, In the interest of fairness, you must ask yourself a question. The four days of trading just prior to the news release, is something I would like you to look at. If you have charting software, notice that each day was a down day on very significant volume. Then on 8-27-98 the price dropped over 2 1/2 points on over a million shares and no news. This is a CLASSIC pattern of insider dumping before a major negative news release. How else would you explain that kind of a price drop on that kind of volume with absolutely no news! Of course, just after the market closed, the news was released and the rest is history. This management has contempt for its shareholders and that is why I was short. I've been burned badly before by this type of activity, and now, sadly, so have you. Learn from it. Never forget it. Hope that doesn't sound too unfair. Cube

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