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


To: rascalbythesea who wrote (14285)7/6/1999 1:09:00 PM
From: Greg h2o  Respond to of 42804
 
actually, as soon as you posted the award news, the stock started heading south....probably on the assumption that the editor who selected them for the award was only paying them back for leaking the "break-up"/ reassessment of value story to their little newsletter. <VBG>
greg



To: rascalbythesea who wrote (14285)7/6/1999 1:28:00 PM
From: Bruce L  Read Replies (2) | Respond to of 42804
 
<Another award.Does this mean we are going down?>

It does look that way doesn't it.

Actually, trading this a.m. has been weird. We had good sized trades as high as 13 5/8, but then this slide set in: typical for the MRVC that we have learned to love and hate.

We had one trade at 13 1/2 and then 4 trades at 13 1/4, with none of them more than 900 shares. Then one trade at 13 1/8 and a flurry of little trades at 13 1/8. Then one trade at 13 and we bounced back to 13 1/8 with a trade of 1000 shares.

What I'm saying is that I don't believe this decline is real. If there is such a thing as MM manipulation, this is it. I'm trying to buy some more at 13 1/8.