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


To: coachbobknight who wrote (21314)6/8/2000 2:56:00 PM
From: Bridge Player  Read Replies (4) | Respond to of 42804
 
<< mrv is poised to have an excellent 2 week run here...with some news, we can cruise back into the 60s..>>

Steve, I have a contrary opinion. I think the tech rally is about over for now, and IMO MRVC has temporarily topped out here. The strength recently I attribute to supercomm and that effect is over. I look for the mid to low 30s again before any significant close above 45. MRVC 43 3/4 as I write.

And I believe that the Luminent filing will not occur by end of July. Be happy to be proven wrong.

BP