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


To: Bridge Player who wrote (14471)7/14/1999 3:26:00 PM
From: Greg h2o  Respond to of 42804
 
<Could this mean that the upcoming earnings and cc may be more positive than any of us realize?>
gee, i don't know...is that even possible? <G>



To: Bridge Player who wrote (14471)7/14/1999 5:11:00 PM
From: akmike  Respond to of 42804
 
BP-I wouldn't believe that the q earnings will be all that great,but there is ample opportunity for the cc to give positive forward guidance or announce some alliance or spin-off or public flotation of an affiliate.

Best regards,

Mike



To: Bridge Player who wrote (14471)7/15/1999 11:14:00 AM
From: Bruce L  Read Replies (1) | Respond to of 42804
 
<seems ...as if one or more institutions...are just sitting on the bid..sucking up whatever they can get without chasing it.>

I was away from the market yesterday, but your observation seems apt for today as well. Market for MRVC nicely firm, although some MM bids at 15 5/8 just disappeared. Could be part of a "stealth" plan by someone to disguise their eagerness to buy in. Looks to me as though even with disguises, if any exist, that demand is too firm for 15 to hold for options expiration week. So I'm in the process of trying to re-buy my covered July 15s.

BTW, it is because if this firm demand that I too feel MRVC will "fill the gap" from last August immediately after the upcoming CC which I expect to be very positive.

(While I was writing this, the stock droppped to 15 3/8-1/2, but I'll stand by my opinion that today and tomorrow will be up.)