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


To: michaele23 who wrote (22138)7/20/2000 12:21:17 AM
From: GS_Wall Street  Read Replies (1) | Respond to of 42804
 
From the looks of things volume started to swell at 1:00pm,then about an hour latter it climaxed as more and more traders picked up on the stock. An old trading trick is to monitor stocks making highs after 10:00am and to buy them and hold for the remainder of the day. Just after 1:00pm MRVC made that high and kept making new highs until 2:00pm, any one trading the breakout made good money. As high tech stocks keep getting hit with buy orders the MM move the stock higher and higher, until the buy orders stop, then they walk the stock down and cover for a profit.



To: michaele23 who wrote (22138)7/20/2000 8:18:44 AM
From: Greg h2o  Read Replies (1) | Respond to of 42804
 
<<They could I suppose go back and similarly revise all the older 10K's and Q's. Maybe the SEC requires only the most recent be updated? Seems dumb to me.>>

i read it in fairly good detail, as well.... nothing new, so the only purpose was to update for upcoming ipo's... to me, what it means is the SEC has told them what they need to do and they are now complete. that's just my opinion, and i have no way of verifying they are ready to go.... but, that would seem logical, given knowledge of other ipo's.

btw, b/c of supposedly having several divisions ready for ipo, it would seem logical to me not to have a significant delay prior to the next one or two ipo's... why jump through the same hoops next quarter, IF one or two are ready to go now? of course, they'd have to submit info about whichever division they are ipoing, but they would save time with the SEC (i believe) if they use the same MRV info to satisfy multiple spinoffs...

now, the big question is will the shareholders get any of the ipos?