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


To: candleLight who wrote (19365)3/2/2000 11:33:00 PM
From: BlueCrab  Respond to of 42804
 
Drop at low vol after HUGE run-up, consolidation, looks good for the next leg. But what the hell do we care? We gonna be in IPO heaven.

Maybe I'll ask my broker if HE wants 10 shares...



To: candleLight who wrote (19365)3/3/2000 8:52:00 AM
From: James Calladine  Read Replies (1) | Respond to of 42804
 
PRICE ACTION:

The publicity of the last fairly short time has put MRVC
in the wider public domain. There are many more signs of
sophisticated financial management than ever existed in the past!

I think the present holders are waiting for the next news:

-- which IPO out first?
-- the leadership of OA?
-- major product news?

Any of these will kick the stock UP.

Meantime, the market makers have to shake some shares out somehow--which does not happen much when the stock goes up, so there will be regular assaults on the uncommitted.

I see the resultant price briefly going down to low or mid
130's in brief forays.

I am waiting for that, if it occurs! My last attempt at
$129 and change ended up having to be bought at $134.
But I am not complaining!

Are there many of us out there who are looking to sell soon?
I doubt it!

Best wishes,
Jim