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: Sector Investor who wrote (12180)	2/17/1999 11:20:00 AM
From: Bruce L	Read Replies (1) of 42804

<Excellent and accurate post..> Sector: Thanks, but my many mistakes are embarrassing. I should have tried to listen to the CC 2-3 times as you did. Even then I think I still would have posted "lightweight." <ggg> Still technologically challenged. I'm a little discouraged at the price decline this morning. I had hoped that if we got a decline we would find support at 7 1/2. There has been a total absence of large block trades with respect to this decline: the largest trades have involved ~ 5000 shares and I have only seen 4-5 of them. This is good news and bad news. On the one hand, it suggests that the larger traders have not participated in this sell-off. On the other, in September '98 when we had disappointing earnings of .06 when .12 was expected we had an initial sharp decline, but then there was a heartening increase in big block purchases that brought the stock sharply up from the lows of the day. We haven't seen that today - yet.

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