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: SJS who wrote (10765)	9/21/1998 11:44:00 AM
From: Bruce L	Read Replies (2) of 42804

<See any news anywhere to account for a positive showing today?> No specific news. Depressed networking stocks have been doing well recently. For example, CS has moved more than 30% recently from about $7. COMS has moved $5 in about a week in expectation of good earnings Tues after close. Since MRVC has a book value of about $6.50, it's not surprising that it's finally moving. Also, low caps generally have been performing well of late. I see a further move of $1-2 in the next week. IMHO a good bet.

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