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: David Semoreson who wrote (12545)	3/28/1999 10:03:00 AM
From: Sector Investor	Read Replies (2) of 42804

Just a bit more speculation, using SI's simple chart mechanism. First look at the volume chart for the downtrend the last 40 days - the peak was 600K for this period, with many days under 200K. techstocks.com Now look at the last 70 days, so we can see the last cycle rise. Volume went suddenly over 1 million to mark the beginning of the up cycle, we had 5 days over 1 million shares and lots of days over 400K. We also had a 600K+ day just prior to the big volume spikes and the start of the rise. techstocks.com So, if we get another similar up cycle this time (never any guarantees), a volume rise to about 1 million shares should be the announcement, with perhaps a pre-cursor day of 600K+. Comments?

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