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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: E Newman who wrote (12724)4/12/1999 9:50:00 PM
From: Yong  Read Replies (2) of 42804
 
To The Thread,

I was pleasantly surprised when I got home and found out MRVC was up over two points on a big volume. I went out to many sites looking for the reason why, but I could not find any news. All I found was a small piece of reporting by Briefing:

"MRV Communications (MRVC 8 11/16 +2 5/16) surged 36% on nearly 10x average volume... No news but sure smells like takeover speculation. "

Now, does this move mean a long protracted depressed stock price period is over? (I know about MRVC's investments into new startups, new product announcements back in February by MRVC and its associated companies, and recently, I did see the article in EE Times.)

I can speculate, but I am usually wrong, so...

Anyway, does anyone know about takeover speculation? I thought MRVC's insiders hold way too much shares and they do not want to sell at this historically low price.

Yong
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