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

To: Sector Investor who wrote (14942)8/9/1999 9:51:00 AM
From: Bruce L  Respond to of 42804
 
SHWD is no longer at the bid and the stock is weak accordingly. But still too early to tell anything.



To: Sector Investor who wrote (14942)8/9/1999 10:36:00 AM
From: Bruce L  Read Replies (1) | Respond to of 42804
 
Ms Swena hasn't sold her 50K block. One hour into Monday trading and the total volume is 29,000. Very light.

MRVC hasn't collapsed without SHWD support: the stock is still 14 7/8-15.

NITE and SELZ which have been relatively active MMs on the bid in the past 2 weeks are on the bid at 14 7/8, but to be fair, they haven't been absorbing much stock. Conclusion: We're holding up because no one wants to sell.


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