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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: stan s. who wrote (54886)8/24/1999 1:09:00 PM
From: kathyh  Read Replies (1) | Respond to of 90042
 
nice stan, mrvc closed at 14.50 on monday the 16th...

so from then until now that is a 16% increase in 7 days...

here are the prices for the last few days...

tscn.com

kathy :)



To: stan s. who wrote (54886)8/24/1999 1:22:00 PM
From: kathyh  Read Replies (1) | Respond to of 90042
 
have an order in for some mrvc... @ 16 13/16...

has not been filled yet, but i think i'll wait and see...

seems to be a lot of resistance at 17, not from a chart, but from looking at level 2...

EDIT: cancelled my order for now, when i saw it print 17 and then race back down to 13/16... i got nervous.. lol am going to look at it some more...

kathy :)

MRV Communications, designs, manufactures and sells computer networking products, primarily Ethernet local area network switches, hubs and related equipment, and fiber optic components for voice, video and data transmission. For the three months ended 3/31/99, revenues rose 15% to $70.1 million. Net loss fell 97% to $909 thousand. Revenues reflect greater marketing efforts. Lower loss reflects the absence of $20.6 million in purchased technology and $23.2 million in restructuring charges.