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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: Bruce L who wrote (11423)12/9/1998 12:05:00 PM
From: Bruce L  Read Replies (2) of 42804
 
Tuesday followed the same pattern: negative money flow, negative MACD, albeit with increased - but still low- volume.

Today, the slide continues. We're seeing more large trades with two of 10K and 13.3K , with one on the bid and one on the ask. More medium size blocks also (4-6K) which are also split between buys and sells.

IMO some traders are losing patience with our stock given the blanket of silence that has been thrown over the company by management. Something is brewing (IMO) and we probably aren't going to know until the January earnings announcement. I think it will be positive -or I wouldn't be holding this stock- but it could be something nasty like a privatization scheme. All in all, the risk/reward ratio favors holding this stock.
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