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


To: Bruce L who wrote (14949)8/9/1999 6:15:00 PM
From: Linkdog  Read Replies (1) | Respond to of 42804
 
<What keeps me in MRVC as heavily as I am is that all trends as far as I know are positive, especially the FACT that the stock is being accumulated. After "Black Friday" (Aug 27, l998) institutions dumped MRVC like there was no tomorrow. This was pretty extreme distribution. Now, it's clearly being accumulated, but given the earlier distribution, this is a slower process than we'd like.>

Bruce, how do you know that MRVC is being accumulated? Are the market maker activities on Level II really that telling as to be able to discern what is happening to the shares that trade??