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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: Sector Investor who wrote (12780)4/16/1999 11:13:00 AM
From: Bruce L  Read Replies (1) of 42804
 
AM Trading

Interesting morning. As I see it, institutional buying has almost totally dried up; in fact, just the opposite - to the extent there have been "large" trades, they have been on the sell side, starting with an 8800 share trade at 8. That was the largest and the others between 3000-5000 shares are almost all on the sell side. This quickly drove us down to 7 1/2.

What's brought us back up to near 8 have been "retail" trades of ~1000-2000 shares. This is a change from the pattern of the past month or so.
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