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: rascalbythesea who wrote (12669)	4/10/1999 7:59:00 PM
From: Sector Investor	Read Replies (1) of 42804

<<If the institutions that bought the notes were the shorters, they would have been happy covering at the 5-6 level that MRVC has been at for the last 9 months.>> One would certainly think so. Anyone short from $20+ down to $5+ would be dumb (as mild as I can state it) not to have already covered. That is 15 points gain. Yet short interest is still higher than pre convertable-offering. Mystifying - at least to me.

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