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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (50663)	5/13/2000 5:23:00 PM
From: UnBelievable	Read Replies (1) \| Respond to of 99985

I am a beginner when it comes to TA. I found the link which LG provided to an overview of Chart patterns very helpful. It appears to me that the chart for MRV which you posted is currently showing a Symmetrical Triangle in a Downtrend. Is that correct? chartpatterns.com

To: bobby beara who wrote (50663)	5/13/2000 6:35:00 PM
From: el paradisio	Respond to of 99985

Bobby,MRVC is not so bad,it was just driven too high by unusual momentum. When I was buying it at $6-7 sometimes 1 year ago, the price to books was equal 1. The permanent customers include Uunet and INTC. The dream is to become a second CSCO...... MRV is a leading supplier of fiber optic components for the infrastructure of the Internet. They've just released the first 10Gb/s transceiver module, using CWDM technology, with distance support up to 50km. That 50 km is very important for the fibre builders,like Quest or Uunet. el