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

To: cmg who wrote (15115)8/18/1999 11:02:00 AM
From: Bruce L  Respond to of 42804
 
Weak Market = Low Volume MRVC Pullback

70 minutes into the day and, again, no one wants to buy or sell: only 18,000 shares traded with no large trades either way. Stock at 14 1/4-3/8.

MRVC often shines on days like this and I have an unsubstantiated hunch it will do well today. This is the 3rd day in a row we've pulled back to 14 1/4. If again today, buyers quickly rush in to buy, the surge could finally take us passed 14 3/4.

Long term, none of this matters. But I have this weakness. What else can I say?



To: cmg who wrote (15115)8/18/1999 11:02:00 AM
From: Linkdog  Read Replies (2) | Respond to of 42804
 
Does anyone have an opinion on the merits of selling Optical Access to Intel - or a significant portion of Optical Access - versus the IPO spinoff strategy?? Would Intel be interested since their initial investment seemed aimed at getting a piece of that division?


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