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: mike.com who wrote (10962)	10/26/1998 11:07:00 PM
From: signist	Read Replies (1) of 42804

If Management failed to act when the stock price was in the low 5's, under what scenario would make them support the stock? I am not counting on management to repurchase the shares they said they would. The stock's recent action has been encouraging. It is now above resistance and has moved in to the gap. The shorts did their best to bring it under 9 but couldn't do it. The sell off from the high of 9-1/2 to end at 9-1/16th may indicate the stock may take a breather tomorrow. IMO Now we need to hold our breath the rest of the week so that the MRVC JINX does not do it to us again. Turning Blue, John

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