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Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?

To: Bruce L who wrote (14181)6/29/1999 3:31:00 PM
From: Greg h2o  Respond to of 42804
 
yes, there was resistence the last time we hit 13 1/2...but, that can disappear in a hurry if someone steps up to the plate. besides, if the traders are good enough, they will play this for all they can if they are on the buyside, gobbling up stock under 1/2, but keeping their bids at relatively small amounts.... there's no reason to panic buy at this level, but i think we'll continue to see accumulation until there's some formal news on mrv's intent to do, well, whatever...hell, JNPR could gobble us up at this point! <VBG>
greg



To: Bruce L who wrote (14181)6/29/1999 4:03:00 PM
From: Sector Investor  Read Replies (2) | Respond to of 42804
 
It's a funny thing about that feeling. Sometimes it's right and other times wrong. I can't figure it out.

It does seem that using the bathroom makes it go away for a while - go figure! <g>

Still, I'm happy with closing above $13.


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