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


To: mph who wrote (21830)7/6/2000 11:30:10 AM
From: Greg h2o  Read Replies (3) | Respond to of 42804
 
this is a fairly brisk sector sell-off... hope they're not "repricing" the entire sector. wouldn't bode well for future ipo's, either. you have to look at the fact MRVC is up almost 1000% from its 52 week low and understand there's some profit taking at this level. it's only rational.

further, it's more than doubled in the last month. the concern i have is it's decent volume. well, maybe we'll get a positive # tomorrow... and, we also have the prospectus coming within a month. perhaps it'll come early.... at the very least, there will need to be an announcement regarding a new ceo....