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: Bruce L who wrote (11431)	12/9/1998 3:54:00 PM
From: Bruce L	Read Replies (1) of 42804

MRVC is slowly dropping to support at 6; the bears are in control at this moment in time and probably will remain so until we have some substantive news (exactly as Sector Investor predicted). The fall is on low volume - the largest trade in the past 2-3 hours was 5400 shares (6 5/15 at bid) -but I've learned the hard way that low volume in a decline is not positive. The good news -if you can call it that - is that the decline is ennui based (IMO) and momentum under these circumstances can turn on almost any impulse. It's always darkest before the dawn, etc. bruce

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