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: rascalbythesea who wrote (13257)	5/6/1999 12:53:00 PM
From: Bruce L	Read Replies (1) of 42804

<How do you read this?> We've had a nice run-up and the big buyers are uncertain at this instance and they don't feel they have to pay their order filled - so they split the difference. Completely different than yesterday when almost all the blocks were at the ask or higher. I don't think we can say that the blocks are moving from one friendly hand to another. This is possible, but I think it more likely that it's just one big trader who's a little nervous and wants to take a profit while another big trader has seen the action, heard good things and wants to take a position. Remember, today we're seeing fewer and smaller block trades with the mean block trade maybe 7000-8000. The buyer is probably getting his trades filled at random from whichever MM wants to take it; it probably isn't between big traders/institutions trading off market between themselves which they will do when they fear their large trade will itself influence the market. Bruce

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