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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: signist who wrote (13721)5/27/1999 11:20:00 AM
From: Bruce L  Read Replies (1) of 42804
 
<If we break through 11, do you see support at 10 1/4?>

I bought too early - at 11 1/4.

That said, I think so. Several weeks ago, I believe we bounced sharply off ~ 10 3/4. That's from memory. Beyond that, I think this pullback is totally market related and any fall beyond that would be uncharacteristic. It would be too far down, too fast. IMHO. Also, Memorial Day has historically been a positive day and I think that may start kicking in soon.

A further negative is that there have been many trades of 2000-3000shares at 11 1/8 and one of 15K.

Good luck to us all.

Bruce

Bruce
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