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

To: Bridge Player who wrote (19354)	3/1/2000 5:33:00 PM
From: Mani1	Respond to of 42804

JDS Uniphase, Ciena targets upped biz.yahoo.com RESEARCH ALERT - JDS Uniphase, Ciena targets upped NEW YORK, March 1 (Reuters) - SG Cowen said Wednesday it raised its price targets on shares of both JDS Uniphase (NasdaqNM:JDSU - news) and Ciena Corp. (NasdaqNM:CIEN - news) in a late day call. --SG Cowen boosted its target on Canada's JDS Uniphase, the world's largest supplier of components for fiber optic networks, to $300 per share from an earlier range of $250 to $275. --The firm also increased its target on telecommunications equipment maker Ciena to $200 from $130. --SG Cowen reiterated its strong buy ratings on both stocks. --Shares of JDS Uniphase closed up 17-1/4 at 280-7/8 on Nasdaq while Ciena gained 17-12/64 to 177 amid a broad technology rally.

To: Bridge Player who wrote (19354)	3/1/2000 8:33:00 PM
From: Tango	Respond to of 42804

BP: Flash -MRV a favorite of ORBITEX fund Here is evidence of recent inst. buying of MRV cbs.marketwatch.com - should be a positive for tommorrow's trading. ALso if you follow the link on yahoo to the fund and inst. holdings, on the top right hand (in blue) you will see holdings as of Feb 18, 2000. Here is another link that I use regularly to watch the fund buyings everyday partners.thomsoninvest.net and believe me the ratio of inst. to retail has gone up in the last few weeks. As far as ownership is concerned, you are probably correct. Total of 73% outstanding shares owned by inst. and insiders resulting in a scarce stock (0.73x27.5m = approx 20m float. Where did you get the 33m number from? Another interesting stat.: Net inst. buying is 5.25m shares for the latest qtr. from the days of 1.2m shares trading. We have just begun trading higher volumes (3m or so) perhaps indicating more fund (note fund not inst.) buying. Regards Tango