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


To: rascalbythesea who wrote (14922)8/6/1999 12:41:00 PM
From: Bruce L  Read Replies (2) | Respond to of 42804
 
Very Interesting

SHWD has just now absorbed 3 2500 share trades at 14 15/16, although its bid size is just 400 shares! To say nothing of many thousands of shares it's bought earlier. Its been sitting alone here since the early runup.

Escaladed below SHWD are only 3 other MMs at 14 3/4,14 3/4 and 14 5/8, before we hit a bunch at 14 1/2. On the ask at 15 are 4 MMs with ask size totaling > 10,000 shares.

Of course SHWD is single-handedly holding up MRVC's price. But the question is why. They - or their clients - must know something.

Very interesting and more revealing than my usually futile efforts at tea leaf reading.