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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 Winn who wrote (1771)2/8/1997 7:22:00 AM
From: larry audette   of 42804
 
mrv's stock shot up very late in the trading day on friday.The move
gives a weekly close above 28,excellent!heavy volume is the key.
Over 1 million shares traded.
I would expect eps this Q to be above .20 a share.Someone out
there placed some big option positions on thurs and friday.Do they know
something?

Our shorting friends will be feeling the heat monday at 9:30
and I would expect many of them to cover and avoid being run over by
this train.

I think this is really just chapter 2 in the long running story
for MRVC.New products,technology and partners with terrific management
in a fast growing industry (sell off in NET stocks just profit taking)
leads me to believe that investors will continue to profit for several
years to come.
Looking forward to hearing Noam on CNBC,he was impressive in
a conference call months back.I think money managers will get very
excited listening to noam. Good investing,Lano
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