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

To: Greg h2o who wrote (14565)	7/22/1999 12:32:00 PM
From: Bruce L	Read Replies (2) \| Respond to of 42804

Fall in MRVC price on very light volume In the first 15 minutes, on only 13,000 shares traded, it started at 14, went to 13 5/8 and back again to 14. MMs - and traders - were/are so nervous that a few hundred shares could move the price. Given what happened thereafter, I have to admit they were prescient. Then we dropped to 13 1/2 - although there was 10,000 share block at the ask(13 3/4) - and now 13!!! And volume seems to be picking up. Very depressing because I bought 1000 more at what I thought was a bargain basement 13 3/4.